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News

IFC Provides $30M to BRAC Bank to Support Businesses During COVID-19

The investment will help to keep small and medium-sized enterprises open and preserve jobs, which is critical to sustaining the Bangladeshi economy.

News

IFC’s DigiLab to Drive Digital Transformation of Financial Services in Europe and Central Asia

After launching IFC's DigiLab Finance program in the Western Balkans and Georgia late last year, it is now expanding to new markets in Armenia, Kazakhstan, Tajikistan and Ukraine, a move that is expected to promote financial inclusion.

News

IFC, JC Flowers Launch Platform to Help Indian Financial Institutions Resolve Distressed Assets

Under the project, an expansion of IFC's Distressed Asset Recovery Program's work in India, IFC will invest up to $100 million in the J.C. Flowers India Opportunities Fund if certain conditions are met, with an initial commitment of $40 million.

News

IFC, Banco Daycoval Support Smaller Businesses, Including Those Owned by Women, in Brazil

The financing package consists of $130 million from IFC's own-account and a $270 million syndicated loan from a group of 10 banks.

Paper

COVID-19 and Women-Led MSMEs in Sub-Saharan Africa

This study aims to understand the impact of the COVID-19 pandemic on women-led MSMEs in 13 African countries hoping to contribute to further strengthening of outcomes for those MSMEs.

News

IFC, SANAD, BIO, Symbiotics Announce Loan to KCB Bank Kenya for Green Projects, SMEs

The loan aims to help the bank increase lending for climate-friendly projects and to smaller businesses, especially those owned by women.

News

Central Bank of Sri Lanka and IFC Launch the Country’s First National Financial Inclusion Strategy to Boost Financial Inclusion for All

The new strategy highlights Sri Lanka's gains in boosting access to financial services, and particularly, on areas of improvement to ensure usage and full financial inclusion in the country.

News

IFC Investment to Boost Access to Finance for Farmers, Strengthen Agribusiness in Turkey

This targeted new investment will help address the critical financing needs of Turkey's underserved micro, small, and medium enterprises in the agricultural sector.

News

IFC Initiative to Help Financial Institutions Support Small Businesses Disrupted by Pandemic

The new Base of the Pyramid Program will provide up to $400 million to microfinance institutions, non-bank financial institutions, and banks that are focused on micro, small, and medium enterprises.

News

IFC and PasarPolis Partner Amid Pandemic to Boost Microinsurance Safety Nets for Indonesia’s Most Vulnerable

Under an agreement, IFC will provide PasarPolis with $5 million in equity finance to develop infrastructure to connect insurers, digital platforms and customers unserved by the traditional insurance sector.