All News and Announcements

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News

10 U.S. Credit Union Peers Participate in Credit Union Immersion Journey Across Peru and Ecuador

Funded by USAID and implemented by WOCCU, the Economic Inclusion Program aims at providing economic opportunities and financial services to assist both Venezuelan migrants and refugees and their host communities.

News

Argentine Banks File Complaint Against Mercado Libre Over its Fintech Business

This marks a significant escalation in a longstanding dispute between the financial sector and the Buenos Aires-based fintech giant.

News

Fintechs Transform Banking Landscape in Argentina, Reaching Full Population Coverage

The Argentinian Central Bank recently announced that, with the assistance of non-traditional players such as fintech, the financial system is on the verge of achieving full coverage for the adult population.

News

IFC and Protecta Security Announce Issuance of a $25 M Dollars Subordinated Bond to Increase Access to Insurance in Peru

The financing will help Protecta Security focus on lower-income segments through digital channels and the development of exclusive insurance products for women, a milestone in Peru.

News

i2C and Banco de Credito Launch iO Banking App in Peru

Leveraging i2c‘s unified banking and payments technology, iO offers a range of features and benefits to its users, aiming to redefine the digital banking experience in Peru.

News

Argentine Foreign Minister Lauds Brac’s Social Development and Financial Inclusion Initiatives

Argentine Foreign Minister Santiago Andres Cafiero visited BRAC head office on Monday to learn about BRAC's approach to designing anti-poverty solutions, especially with a focus on women's empowerment and financial inclusion of rural women.

News

IFC Announces $50 M Loan to Caja Arequipa to Promote MSMEs in Peru

The loan will benefit more than 20,000 clients of Caja Arequipa, which will contribute to the development of the most vulnerable sectors of Peru in the context of the economic recovery after the COVID-19 pandemic.

News

IFC Announces Loan of up to $100M to Mibanco to Support MSMEs and Women in Peru

The investment will allow the bank to strengthen its lending operations for women-owned micro, small, and medium enterprises in the underserved regions of the country.

News

Financiera Confianza and IFC Sign Agreement to Promote Financial Inclusion With a Gender Approach for Migrants in Peru

The agreement between Financiera Confianza and IFC contemplates the instrumentation of tools that allow a closer knowledge of the needs, challenges, preferences, experiences and aspirations of foreign men and women residing in Peru in everything related to the use of financial services.

News

IFC and Compass Group Announce Investment for up to $21 Million to Help Micro and Small Peruvian Enterprises

The International Finance Corporation (IFC) and Compass Group have announced an alliance to channel working capital to hundreds of Peruvian companies from multiple economic sectors which have been severely impacted by the economic crisis generated by the COVID–19 pandemic.