All News and Announcements

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News

Catalyst for “Transformative Change”: Female Entrepreneurship Fund Launched

The Female Entrepreneurship Fund is a specialized investment vehicle that channels resources from institutional investors to support women entrepreneurs in the Central American Integration System (Sica) region.

News

Paymentology and Mastercard Join Forces to Foster Financial Inclusions in Northern Central America

Paymentology, the leading global issuer-processor, today announces an expanded partnership with Mastercard to bolster financial inclusion across Guatemala, Honduras, and El Salvador.

News

IFC and Central Bank of Madagascar Partner to Strengthen Credit Reporting, Financial Inclusion

IFC and the Central Bank of Madagascar today announced a partnership to strengthen the country's public credit registry to improve credit reporting and increase access to finance for individuals and small businesses.

News

Mastercard Commits to Delivering Economic Empowerment Tools and Resources to More Than One Million Women in Guatemala, El Salvador and Honduras

The commitments are part of Mastercard’s engagement, as a founding member, in the Partnership for Central America.

News

Reducing Climate Risks - AFC Assists Malagasy to Insure Themselves Against Income Losses

The overall program objective is to increase the productivity of the participating actors in the agricultural value chains particularly affected by climate change.

News

Bitcoin Is Part of the Pitch As El Salvador Courts IMF Deal

The cryptocurrency will lose its reputation as a speculative asset and prove its use as a legitimate payment system, central bank President Douglas Rodriguez said in an interview on Monday.

News

El Salvador Bitcoin Transfers Soar, but Still a Fraction of Dollar Remittances

Small transfers of bitcoin to El Salvador jumped over four-fold in May from a year ago but still represent a small amount when compared to remittances sent in dollars.

News

IFC Helps Banco Agricola Increase Access to Finance, Respond to COVID-19 Pandemic in El Salvador

The financing package aims to support micro, small and medium enterprises, women-owned SMEs, housing for underserved segments, and climate-smart investments, including green buildings.

News

El Salvador Receives $173.3 Million Less in Remittances in the First Quarter of 2020

Family remittances received by El Salvador totaled $1,600.7 million in the period from January to April 2020, lower by $173.3 million compared to the same period of the previous year, with a reduction equivalent to -9.8 percent.