All News and Announcements

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News

Solomon Islands Meet With UNCDF, New Zealand and the European Union on the Delivery of $15 M for Locally Led Adaptation

The Local Climate Adaptive Living Facility, which will deploy over USD15 million in climate finance will support the delivery of adaptation projects at the grassroots level and deliver on national commitments to build resilience to the escalating impacts of climate change.

News

New Mobile Money Service Welcomed as a Tool for Financial Inclusion in Solomon Islands

Launched in June 2023 by the country’s largest telecommunications provider, the new mobile money service M-Selen aims to bring basic financial services to the fingertips of everyday Solomon Islanders.

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

IFC Signs Agreement With the Central Bank of Solomon Islands to Improve Credit Reporting

The agreement is part of a regional effort by IFC, working with banks, financial institutions, credit bureaus and central banks in Solomon Islands, Papua New Guinea and Vanuatu to guide them through the process of moving to comprehensive credit reporting.

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.