10 U.S. Credit Union Peers Participate in Credit Union Immersion Journey Across Peru and Ecuador
Funded by USAID and implemented by WOCCU, the Economic Inclusion Program aims at providing economic opportunities and financial services to assist both Venezuelan migrants and refugees and their host communities.
IFC and Protecta Security Announce Issuance of a $25 M Dollars Subordinated Bond to Increase Access to Insurance in Peru
The financing will help Protecta Security focus on lower-income segments through digital channels and the development of exclusive insurance products for women, a milestone in Peru.
i2C and Banco de Credito Launch iO Banking App in Peru
Leveraging i2c‘s unified banking and payments technology, iO offers a range of features and benefits to its users, aiming to redefine the digital banking experience in Peru.
IFC Announces $50 M Loan to Caja Arequipa to Promote MSMEs in Peru
The loan will benefit more than 20,000 clients of Caja Arequipa, which will contribute to the development of the most vulnerable sectors of Peru in the context of the economic recovery after the COVID-19 pandemic.
IFC Announces Loan of up to $100M to Mibanco to Support MSMEs and Women in Peru
The investment will allow the bank to strengthen its lending operations for women-owned micro, small, and medium enterprises in the underserved regions of the country.
Financiera Confianza and IFC Sign Agreement to Promote Financial Inclusion With a Gender Approach for Migrants in Peru
The agreement between Financiera Confianza and IFC contemplates the instrumentation of tools that allow a closer knowledge of the needs, challenges, preferences, experiences and aspirations of foreign men and women residing in Peru in everything related to the use of financial services.
Telenor to Divest Wave Money, Exit Myanmar Mobile Banking
The sale of the stake for $53 million in cash values Wave Money at $104 million and is set to be finalized in the coming days, according to people close to the deal.
Central Bank of Myanmar Issues Remittance Licenses to More Local Companies
City Express Myanmar and Money King were granted remittance licenses on 5 January.
Bank-Genie Partners With Cufa to Roll-Out Digital Banking for Myanmar Credit Unions
The program will enable credit unions to facilitate loan origination, approvals, disbursements, and deposits digitally.
IFC and Compass Group Announce Investment for up to $21 Million to Help Micro and Small Peruvian Enterprises
The International Finance Corporation (IFC) and Compass Group have announced an alliance to channel working capital to hundreds of Peruvian companies from multiple economic sectors which have been severely impacted by the economic crisis generated by the COVID–19 pandemic.