All News and Announcements
EOS Group, IFC Partner to Resolve Non-Performing Loans, Boost Lending in Poland
The EUR 275-million platform in Poland will help financial institutions resolve their non-performing loans, allowing individuals and businesses to restore their creditworthiness, and bolstering the country's banking sector.
EBRD Loans $4.4 M to KEP Trust for MSMEs in Kosovo with Focus on Rural, Women-led MSMEs
KEP Trust plans to on-lend the proceeds of the senior, unsecured loan to micro-, small and medium-sized enterprises (MSMEs).
Mi-Bospo of Bosnia and Herzegovina Borrowing $2.2M From Grameen Credit Agricole Foundation for Microfinance Lending
Mi-Bospo operates mainly in rural areas and offers access to credit and non-financial services to individuals, particularly women entrepreneurs.
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.
OMRO Announces a Strategic Partnership With the European Investment Fund
OMRO IFN partners with the European Investment Fund, obtaining a guarantee ceiling to offer up to EUR 50.000 microfinancing, double the ceiling currently provided.
IFC’s Investment in Romania’s First Sustainability Bond to Catalyze Financial Inclusion, Support Future Resilience
The local currency-denominated senior non-preferred sustainability bonds will help the bank increase its lending to businesses investing in climate-smart initiatives—green buildings, renewable energy, energy efficiency, clean transportation, sustainable agriculture, and others.
ADB and KMF Sign $15M Loan to Expand Access to Credit for MSMEs in Kazakhstan
This loan is ADB's first intervention in Kazakhstan's financial sector in several years. It will support KMF's efforts to improve financial inclusion and contribute to Kazakhstan's recovery from the COVID-19 pandemic.
Evocabank Raises $7.5 Million From Symbiotics
Attracted financial means will be directed towards the development of micro, small and medium-sized businesses in Armenia.
IFC and Ministry of Justice Join Hands to Improve Insolvency Laws in Kosovo, Boost Lending
The initiative, known as the Debt Resolution Project, is expected to create a safety net for businesses and investors, improving access to credit, especially for small and medium enterprises.
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.