All News and Announcements

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News

New Secured Transactions Registry to Help Expand Financing for Small Businesses in Sri Lanka

The newly established Secured Transactions Registry aims to facilitate the use of moveable assets as collateral for loans while ensuring financial stability and fostering economic growth in Sri Lanka.

News

USAID Signs Agreement to Support the Expansion of Union Bank’s Women-Focused Financial Services

This impactful collaboration will promote financial inclusion by addressing the specific needs of female customers in the banking sector through in-depth market research, a robust Customer Value Proposition, and strategic linkages with Sri Lankan women and women-owned Small and Medium Enterprises.

News

Fiji, India and UN Join Hands to Launch Ambitious Project to Scale Climate and Disaster Risk Financing Framework and Parametric Insurance in Fiji

This initiative refines and expands coverage of the parametric insurance product that was first launched in 2021 and aims to strengthen Fiji’s financial resilience against climate change and natural disasters.

News

Mastercard Partners With Vodafone Fiji to Drive Financial Inclusion and Empowerment

This partnership will give hundreds of thousands of Fijians access to digital payments through Mastercard’s global payment network of over 100 million merchants worldwide.

News

Commercial Bank of Ceylon Launches a Digital Marketplace to Help Sri Lanka’s Small Businesses

The International Finance Corporation is supporting the Commercial Bank of Ceylon to launch a digital marketplace in Sri Lanka, which will help business owners connect with more customers locally and abroad.

News

Howden Group Partners With UNCDF to Build Climate Resilience for Vulnerable Communities in Fiji

The UN Capital Development Fund is pleased to announce international insurance group, Howden, as a new addition to its long list of private sector partners helping fight climate change in the Pacific.

News

Fijian People to Benefit from Landmark Reforms to Deliver Modern and Efficient Payment System

This is a key outcome of reforms the Reserve Bank of Fiji has been leading in collaboration and partnership with key payment system stakeholders in Fiji.

News

Silatech Launches Project to Support 89,000 Youths in Cambodia, India and Sri Lanka

The three-year project aims to eliminate barriers in access to finance for young entrepreneurs, create income generation opportunities and promote financial inclusion and growth.

News

New Parametric Microinsurance Products Launched to Cushion Impact of Climate Change in Fiji

Both products offer combined insurance cover against heavy wind and rainfall and are designed to offer immediate financial support after extreme weather events.

News

Fintech Innovation Challenge Aims to Help Address the Challenge of Financial Inclusion in Pacific Island Countries

The United Nations Capital Development Fund launched the challenge with the aim to attract local and global fintechs with market-ready solutions to address identified problem statements which represent the challenges faced by Pacific Islands Countries.