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Mexicans in U.S. Sent Record Remittances Despite Covid-19 Pandemic

Unexpected surge in amounts forwarded home shows resilience in U.S. construction and agriculture.

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Regulatory Innovation Advances in the Face of COVID-19

While COVID-19 may have wreaked havoc across financial services, according to a recent report the pandemic has driven the urgency to prioritize and actively deploy fintech initiatives by regulators.

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Remittances From Moroccan Diaspora Reached $7 Billion in November 2020

Morocco’s Foreign Exchange Office has announced that remittances from the Moroccan diaspora continue despite the COVID-19 pandemic.

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World Bank Flags Pandemic Risks for Bangladesh’s Exports, Remittances

The World Bank has warned that the weaker-than-expected growth elsewhere in the world due to the pandemic may undermine the recovery in Bangladesh and other countries in South Asia.

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Central Bank of Myanmar Issues Remittance Licenses to More Local Companies

City Express Myanmar and Money King were granted remittance licenses on 5 January.

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EBRD Lends EUR 3.5 M to N. Macedonia's Procredit Bank for SMEs, Energy Efficiency

The loan is extended within the Western Balkans SME Competitiveness Support Program with the support by the EU, which is providing incentive payments and technical assistance.

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CGAP CEO Greta Bull: All Humanity Can Benefit from the Digitization of Finance

Investing in digital finance can build a better future for the poor, says the CEO of the Consultative Group to Assist the Poor.

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IFAD to Support Rebuilding Bangladesh's Microenterprises

The International Fund for Agricultural Development will provide Bangladesh with a loan of $ 18.07 million to rebuild microenterprises as well as to support smallholders affected adversely by the COVID-19 pandemic.

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EFSE and Agroprosperis Bank Strengthen Partnership to Provide Financing in Local Currency for Ukrainian Farmers

Through the investment, the partners aim to facilitate farmers’ ability to access much-needed financing to sustain their businesses using local currency.

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EFSE and Vitas Expand Access to Local Currency Financing for Romanian MSEs

Senior loan equivalent of EUR 2 million to be on-lent to underserved local entrepreneurs to sustain small business operations.