All News and Announcements
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.
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.
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.
AFC Increases the Share of Energy Efficient Mortgage Loans in Armenia
More than 40 percent of the loan amount was allocated to energy efficient housing projects, i.e. purchase of new energy efficient apartments, as well as individual house constructions and renovations.
Evocabank Raises $7.5 Million From Symbiotics
Attracted financial means will be directed towards the development of micro, small and medium-sized businesses in Armenia.
AFC Experts Develop a Climate Impact Tool - A Decisive Step Towards Reducing CO2 Emissions in Armenia
The project allows for financing of various loan purposes, for example purchase of housing from primary and secondary markets, renovation, and single-family house construction.
Symbiotics Opens New Offices in Armenia and India
This new office in Yerevan, Armenia aims to strengthen Symbiotics' long-standing presence in the region and further support its growth.
Symbiotics Launches $6.75 M Sustainability Bond in Armenia With ACBA Bank OJSC
ACBA has committed to use the proceeds of the Sustainability Bond for both social and green projects, in line with the ICMA Sustainability Bond Principles.
Symbiotics Arranges a Sustainability Bond in Armenia With AraratBank for $14.5 Million
Microenterprises and SMEs will benefit from the Social loans to encourage employment creation and business activity in the country.
IFC Partners With Evocabank to Support Smaller Businesses, Boost Resilience and Drive Recovery in Armenia
Even before the COVID-19 crisis, access to finance was the biggest obstacle for doing business in Armenia. Has it increased following the pandemic?