All News and Announcements
ILO and KfW Join Forces to Empower Iraqi Small and Medium Enterprises and Foster Inclusive Growth
A new joint program will work to unlock access to sustainable finance, especially for young and women entrepreneurs.
IFC’s $56-Million Investment in Global IME Bank to Bolster Gender and Climate Financing in Nepal
The aim of the investment is to boost competitiveness in the small and medium enterprise finance market while also improving financial inclusion, creating jobs, and supporting the nation's climate goals.
A $45M Investment in Fiscal Year 2022 Boosts Goal to Reach Over 30,000 Small Businesses in Nepal
The investment in the nation's recovering financial sector is part of a wider SME strategy, which aims to help spur a greater range of financial products and services such as psychometric scoring solutions and payment systems reforms.
Nepal: World Bank Provides $150M to Strengthen Country's Financial Sector
The credit aims to strengthen financial sector stability, diversify financial solutions, and increase access to financial services in support of Nepal's green, resilient, and inclusive development.
NPCI International, Gateway Payment Service, and Manam Infotech Join Hands to Deploy UPI Solution in Nepal
This collaboration will enable the last-mile consumers in Nepal to reap the benefits of an open interoperable payments system driving immediate payment transfers between bank accounts and merchant payments in real-time.
IFC, National Bank of Iraq Partner to Boost Access to Finance for SMEs, Create Jobs
IFC announced an investment for the National Bank of Iraq to support the growth of smaller businesses in Iraq and help them create jobs and overcome challenges, including from COVID-19-related disruptions.
Mastercard Partners with Central Bank of Iraq to Advance Digital Payments
The aim of the partnership is to boost financial inclusion, encourage socio-economic development, mitigate the risks of a shadow economy and accelerate the growth of a cashless society.
Remittances Provide Temporary Cushion to Nepal’s Troubled Economy
At a time when the world economy was hard hit by the ongoing pandemic, improvement in Nepal’s remittances inflow has made it easier for the government to operate.
Banking Sector Deposits NPR 280 Million in COVID-19 Fund After Central Bank Directive
As per revised unified directives, banks and financial institutions can also contribute the fund to protect and treat their employees.
In-App Transactions Increase Three-Fold as Qi Card Keeps Economy Moving During Pandemic
Qi Card mobile money offering provides Iraqis with digital means for safe and secure financial transactions.