All News and Announcements

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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

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 and MBA Work To Improve Access to Funding for Micro, Small and Medium Enterprises in Mongolia

A new agreement between IFC and the Mongolian Bankers Association will help improve access to funding for 200,000 micro, small and medium enterprises cumulatively over the next five years by developing a vibrant market for value chain finance in Mongolia.

News

Mongolia: IFC and Financial Regulatory Commission Join Hands to Develop Green Finance and Improve Access to Funding for Small & Medium Enterprises

The initiative aims to develop green financing, as well as improving access to financial products and services for the country’s micro, small and medium enterprises.

News

Argentina’s Central Bank Trials Blockchain for New Interbank Settlement Layer

The Central Bank of Argentina (BCRA) is testing a new blockchain-powered clearing system that could be used by some of the country's largest financial institutions.