All News and Announcements

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News

India Now Ahead of China in Financial Inclusion Metrics: SBI Report

The report states that financial inclusion policies have a multiplier effect on economic growth.

News

IFC’s Investment to Boost Green Housing, Strengthen Capital Markets in Romania

This placement is the first-ever senior preferred bond issuance by Banca Comercială Romana S.A., Romania's second-largest bank.

News

UNCDF and Its Partners Launch E-learning Modules to Help Fill the Digital and Financial Literacy Gap for Small and Micro Businesses in Bangladesh

Over 50 percent of small and micro-businesses  in a recent UNCDF and Visa study had poor understanding of how digital and financial services could help their businesses, and financial literacy gaps were even more pronounced for women entrepreneurs.

News

CGAP Seeks to Partner With Microfinance Providers to Digitize Lending

CGAP aims to support up to five MFIs in two workstreams: 1) A measurement workstream to assess the impact that MFIs’ digital solutions, and 2) An automation workstream to automate the repeat loan process, particularly for MFIs’ existing MSE clients.

News

Symbiotics Launches $6.75 M Sustainability Bond in Armenia With ACBA Bank OJSC

ACBA has committed to use the proceeds of the Sustainability Bond for both social and green projects, in line with the ICMA Sustainability Bond Principles.

News

Opportunity International and Oikocredit Announce $100 Million Impact Investment Agreement to Advance the Education Sector in Low-income Countries

Opportunity International and Oikocredit will mobilize the funds over the next three years with an initial, near-term focus on Ghana, Kenya, Nigeria, Senegal, and Uganda.

News

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.

News

Santander Invites Startups and Scaleups to Apply for Financial Inclusion Challenge

To be eligible, startups should have annual revenues of up to EUR 250,000  while scaleups need more than EUR 250,000 in annual sales.

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Bangladesh: IFC, BFIU to Build Infrastructure to Fast-Track Financial Inclusion

The International Finance Corporation and Bangladesh Financial Intelligence Unit will work together to develop an electronic know your customer (eKYC) infrastructure to fast-track financial inclusion.

News

Call for Activities - Tipping the Scales: Mobilizing the Network for Unlearning, Learning and Change

Through a series of introspective dialogues, peer learning, and change-generating activities, the aim is to tip the scales for transformative change, not from the top-down, but from the inside out.