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. 

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.

During the COP28 climate conference held in Dubai, Bangladesh has secured the Global Center on Adaptation Locally Led Adaptation championship Award in the category of Innovation in Developing Finance.

The United Nations Economic and Social Commission for Asia and the Pacific and the United Nations Capital Development Fund partnered with Impact Investment Exchange to support rural women entrepreneurs across the region to access affordable and well-regulated financial services.

This partnership encompasses AI integration, SME solutions, enhancing online safety, fostering local collaborations, and more. Google Pay’s introduction in response to the government’s invitation strengthened financial inclusion.

Through this partnership, a total of new 666 SBI banking kiosks have been established, each one placed to strategically provide accessible banking services to underserved regions across India.

The awardees include HugoBank Limited, KT Bank Pakistan Limited, Mashreq Bank Pakistan Limited, Raqami Islamic Digital Bank Limited and Telenor Microfinance Bank Limited.

Varthana finances affordable private schools and students with affordable school and student loans, customized to enable schools and students to unlock their full potential.

President, Dr. Arif Alvi urged the banking institutions to take measures to further strengthen financial inclusion and gender equality in the sector. 

The B20 task force on financial inclusion for economic empowerment has identified 11 key themes around gender and diversity, reducing cost of borrowing for underserved segments, harnessing power of BCs, intervention of agriculture and rural segments, cross border payments and more.