All News and Announcements
EU and IFAD Launch New Initiative to Strengthen Financial Inclusion by Boosting Digital Remittances in Central Asia
This week IFAD launched the Platform for Remittances, Investment and Migrants’ Entrepreneurship (PRIME) Central Asia Initiative in Kazakhstan, the Kyrgyz Republic, Tajikistan, and Uzbekistan.
Uzbek Fintech Development Supported Through $20M Line of Finance Agreement
The Line of Finance aims to promote Islamic finance, improve financial inclusion, and support private sector development in Uzbekistan.
Symbiotics Launches $10 million Social Bond With Hamkorbank From Uzbekistan
The proceeds of this Social Bond are to be allocated towards both micro loans up to $10,000 to microenterprises and SME loans up to $1 million to small and medium enterprises.
IFC and Switzerland Partner to Help Develop Agricultural Capital Markets in Ukraine, Benefiting Small Farmers
Small farmers will have improved access to finance given a new endeavor that aims to boost capital markets development in Ukraine, enabling refinancing opportunities for creditors in agriculture.
EFSE and Agroprosperis Bank Strengthen Partnership to Provide Financing in Local Currency for Ukrainian Farmers
Through the investment, the partners aim to facilitate farmers’ ability to access much-needed financing to sustain their businesses using local currency.
IFC, DAVR-BANK Boost Lending to MSMEs and Women-Owned Businesses in Uzbekistan
IFC's $5 million investment will provide critical working capital to help them continue their operations and stay afloat during the ongoing public health crisis.
EFSE and ProCredit Bank Boost Financing for Ukrainian Agricultural Sector
UAH funding equivalent to EUR 20 million to be on-lent in local currency to small farmers and producers to support economic recovery during COVID-19 crisis.
New EFSE Loan to Agroprosperis Bank Supports Ukrainian Farmers With EUR 5 Million
EFSE partners to provide agricultural businesses with much-needed liquidity in local currency to combat economic effects of coronavirus crisis.