All News and Announcements

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News

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. 

News

Symbiotics Investments Provides a $10 Million Gender-Focused Bond to Khan Bank in Mongolia

With the issuance of this gender-focused bond, Khan Bank has launched new loan products that are specifically aimed to support productivity, competitiveness and financial access of women entrepreneur clients.

News

IFC to Help Boost Access to Finance for Smaller Businesses, Women Entrepreneurs in Moldova

The IFC funding to Moldova's leading commercial bank and lender will support the bank's on-lending to micro, small, and medium enterprises (MSMEs), a key pillar of the Moldovan economy.

News

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.

News

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.

News

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.

News

IFC Supports FinComBank to Attract Investments, Driving Growth in Moldova Amid COVID-19

The collaboration will help address the liquidity constraints that micro, small, and medium enterprises are facing in the country, supporting economic stability.

News

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.

News

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.

News

Survey Reveals Extent of the Fallout From the Pandemic on Micro, Small and Medium Enterprises in Nepal

Based on a sample of more than 540 representatives from MSMEs across all provinces, the survey revealed that over 80 percent of businesses have suffered from a slump in sales.