All News and Announcements

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News

Krom Bank Accelerates Financial Inclusion in Indonesia With AWS Cloud

Through the use of AWS cloud services, Krom Bank aims to reach these populations by offering secure and user-friendly digital banking services that empower individuals with better financial management tools.

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Indonesia's OJK Boosts Financial Inclusion in Rural Areas

The Inclusive Financial Ecosystem program has been implemented in 44 rural areas by involving the Regional Financial Access Acceleration Team (TPAKD) and financial service institutions.

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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.

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Symbiotics Investments Supports Sustainable Agricultural and Climate-Adapted Financing in Ecuador by Arranging a Green Bond for Banco Solidario

With the issuance of this green bond, Banco Solidario will enhance sustainable agricultural and climate-adapted financing.

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Indonesia: BNI Awarded for Driving Financial Inclusion Among People With Disabilities

The award, which was given by the Financial Services Authority, recognizes  BNI's initiatives to help micro, small, and medium enterprises (MSMEs) owned by people with disabilities through financing.

News

Lexasure Partners With AgriON to Offer Mobile Insurance to Farmers in Indonesia

Under the strategic partnership, Lexasure’s digital insurance offering for farmers, Flourish, will be integrated with the AgriON app, providing easy access to purchase and manage agricultural insurance to provide farmers with greater resiliency against adverse events. 

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Emerging Markets Global Advisory Limited Advises on $10M Debt Raise for Banco D-Miro

The funds will allow Banco D-Miro to continue the expansion of its microcredit lending activities in Ecuador.

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Symbiotics Launches $5M Green Bond in Ecuador With FACES

With the issuance of this Green Bond, FACES will finance entrepreneurs engaged in sustainable agriculture, animal husbandry and fishery, as well as aquaculture related activities, contributing to the environmentally sustainable management of living natural resources and land use in Ecuador.

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Indonesian Financial Services Authority Enacts Consumer and Public Protection Regulation in the Financial Services Sector

The enactment of the new regulation could majorly update the the Indonesian Financial Services Authority's stated goal of maintaining a stable and transparent financial sector while protecting consumers and society.

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Digitalization Key to Helping Micro-Retailers Grow Share of Indonesia's $80 Billion FMCG Market

IFC invested $5 million in equity to finance AwanTunai with the goal to bolster growth opportunities for micro-retailers -- many of them women – who are part of an industry made up of some 30,000 wholesalers and three million merchants.