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IFC’s First Investment in Banco Atlas to Support SMEs and Women-Led SMEs in Paraguay
The investment will directly support IFC priorities in Paraguay, fostering private investment and competition; encouraging economic formalization through financial resources for local businesses; and directing capital toward solutions that drive gender equality.
IFC Financing of up to $100 M to Sudameris Supports the Expansion of Access to Credit for SMEs in Paraguay, with a Focus on Women-owned Enterprises
The loan will increase access to finance for small and medium enterprises (SMEs) in Paraguay, which in turn will have a positive impact on job creation and the economic recovery from the effects caused by the COVID-19 pandemic and climate change.
Iran Central Bank to Launch Contactless Payment Using Mobile Phones
The bank would soon unveil payment systems that solely use mobile phones and eliminate the need to use cards for day-to-day purchases in shops