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News

IFC Providing $5 Million to Timor-Leste's Kaebauk Investimentu no Finansas, S.A. to Improve Access to Finance for Farmers, With a Focus on Women

The investment is expected to lead to over 10,000 more people gaining access to finance by 2024, of which over 75 percent will be women.

News

IFC Supports Nigeria’s FCMB to Finance SMEs Facing COVID-19 Related Challenges

IFC announced a $50 million loan to Nigeria’s First City Monument Bank (FCMB) Limited to help it expand lending to small and medium enterprises (SMEs) so they can sustain business activities disrupted by the COVID-19 pandemic.

News

IFC Finances Garanti BBVA to Support Turkish MSMEs Amid the COVID-19 Pandemic

IFC is providing a $50 million senior loan to Garanti BBVA to help micro, small, and medium enterprises weather the effects of the COVID-19 pandemic.

News

IFC Mobilizes $2B in Credit Capacity From Insurers to Expand Lending to Financial Institutions

IFC has partnered with six global insurance companies to mobilize $2 billion in credit capacity under the Managed Co-Lending Portfolio Program (MCPP).

News

IFC Signs Agreement With the Central Bank of Solomon Islands to Improve Credit Reporting

The agreement is part of a regional effort by IFC, working with banks, financial institutions, credit bureaus and central banks in Solomon Islands, Papua New Guinea and Vanuatu to guide them through the process of moving to comprehensive credit reporting.

News

IFC’s $50 Million In Support to Commercial Bank of Ceylon to Boost Finance for Small Businesses in Sri Lanka Amid COVID-19

The funding will be used to expand lending to small and medium-sized enterprises, with over a third dedicated to businesses owned by women.

Paper

COVID-19 and the Insurance Industry: Why a Gender-Sensitive Response Matters

Advice intended to assist IFC clients and partners in responding to the COVID-19 pandemic
News

IFC Provides $116.5 Million in Financing to BBVA Leasing to Support Small Businesses in Mexico

The transaction will help the company expand its product offerings to small and medium enterprises (SMEs) and is designed to support the economic recovery from the COVID-19 health crisis.

News

Mongolia: IFC and Financial Regulatory Commission Join Hands to Develop Green Finance and Improve Access to Funding for Small & Medium Enterprises

The initiative aims to develop green financing, as well as improving access to financial products and services for the country’s micro, small and medium enterprises.

News

Major Step Forward to Improve Access to Finance in Pakistan Amid COVID-19

Pakistan’s micro, small and medium sized enterprises and individual consumers are set to benefit from the creation of an electronic registry that allows for the country’s financial institutions to use moveable assets as collateral for loans.