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SANAD and Vitas Eexpand Access to Finance for MSEs and Low-Income Households in the West Bank and Gaza

This was a top-up loan of $4 million to support microfinance sector during challenging environment brought about by COVID-19 crisis.

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IFC Loans to Vietnam Prosperity Bank and Oriental Bank to Boost Finance for Local Businesses Amid COVID-19, Support Economic Recovery

The aim of the additional financing is to help local businesses with disrupted cash flows sustain operations and maintain jobs.

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EFSE Loans Additional EUR 2 Million to BT Leasing to Expand Access to Financing for Moldovan Entrepreneurs

The investment particularly aims to bolster the ability of micro and small enterprises to continue operations in an environment made difficult by the COVID-19 crisis.

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SME Bank and ARDB Disburse $63M in Loans

Ministry of Economy and Finance undersecretary of state Ros Seilava told a news conference that the economic crisis instigated by COVID-19 had been the primary trigger for the emergency SME lending endeavours.

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Symbiotics Launches First $10.25 Million Social Bond With Cooperativa de Ahorro y Crédito ABACO in Peru

The proceeds of the Social Bond will be used to finance small and medium-sized enterprises within the trade, services and agriculture sectors, in particular the food industry, commercial stores and farms.

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Brazil Central Bank Authorizes Tests of Facebook's WhatsApp Pay

Brazil’s central bank has authorized testing of payments via Facebook Inc’s messaging service WhatsApp in the country easing an outright ban on the service imposed last month.

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Singapore Plans Year-End Fintech Event Amid Virus Restrictions

Singapore is planning an online and physical fintech festival amid the spread of the coronavirus across the globe.

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Call for Case Studies: Good Practices in Risk Management for Agri-SME Finance Under COVID-19

This is an opportune time to take a close look at what tools exist in agricultural risk management that can be deployed both to address the current crisis and to build resilience for the future.

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CFI Celebrates Smart Campaign’s Advancement of Consumer Protection, Announces Plans to Transition Resources to Industry Partners

CFI will transfer the wealth of implementation resources created by the Smart Campaign to trusted industry partners, enabling CFI to continue playing a catalytic role focused on the risks to low-income customers in the rapidly changing inclusive finance landscape.

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IFC and TEB Expand Partnership to Support Kosovo’s Women-Owned and Agribusiness SMEs

The facility has been provided under IFC’s Small Loan Guarantee Program (SLGP), a programmatic approach to risk-sharing that aims to strengthen the capacity of financial institutions to finance SMEs in low-income countries.