Bancamía and IFC Sign Cooperation Agreement to Develop Financial Products and Services for Venezuelan Migrants in Colombia
The cooperation aims to strengthen the offer of financial products and services to Venezuelan migrants, especially women, with the aim of helping them successfully integrate into the country's social and economic dynamics.
The financing package aims to support micro, small and medium enterprises, women-owned SMEs, housing for underserved segments, and climate-smart investments, including green buildings.
Private and public collaboration to focus on using digitalization to address a range of economic, commercial, and social issues.
The huge surge is attributed to a government measure instituted to curb COVID-19 spread by encouraging the use of mobile money payments.
Amazon.com Inc (AMZN.O) has added insurance and even gold to its menu of financial services in India, to expand its customer base and attract more subscribers to its Prime loyalty program in a battleground growth market.
In response to COVID-19, the new SCBF product upscaling project supports a local insurtech company to implement a first-of-its-kind e-health value added service product with two core features: e-health tele-consultation bundled with COVID-19 insurance.
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.
SANAD and Export Development Bank of Egypt Strengthen Partnership to Support SMEs, Agricultural Exporters, and Microfinance Institutions in Egypt
The aim of this partnership is to channel much-needed financing to agricultural and small and medium-sized exporters as well as microfinance institutions in Egypt in response to the economic difficulties brought about by COVID-19.