World Bank Continues to Support Morocco's Financial and Digital Inclusion Reforms
The World Bank approved financing of $450 million for advancing financial and digital inclusion to continue supporting the government in implementing reforms to improve financial inclusion, digital entrepreneurship and more in Morocco.
MicroRate Authorized to Operate As a Risk Rating Agency in Panama
This is the first time that a rating agency specializing in microfinance has been authorized in Panama to rate regulated financial institutions in the country.
IFC Announces $300 Million Loan to Banistmo to Boost Financing for SMEs and Preferential Mortgages
The investment will allow Banistmo to address two development challenges simultaneously by reducing the financing gap for SMEs and addressing the country's housing deficit.
BCP, SOWIT Partner to Boost Financial Inclusion of Moroccan Farmers
The agreement was concluded as part of the Regional Investments initiative launched by BCP to assist innovative Moroccan solutions.
World Bank Approves $450 Million Loan to Help Morocco Improve Access to Financial Services
The financing is part of a program that supports policy measures to enable the rollout of the country’s social protection program, including the creation of digital IDs and cashless payments as part of cash transfer programs.
Banque Populaire Launches Microfinance Program for Moroccan Women
The announcement came on International Women’s Day, a worldwide celebration of womanhood and femininity and a focal point in the global movement for women’s rights.
EIB, Jaida Loans Morocco EUR 10M to Support Microcredit Activity
This is a continuation of the EIB's action carried out for several years in favor of microfinance in Morocco and is part of the bank's response aimed at supporting micro-entrepreneurs, in the context of the COVID-19 crisis.
Remittances From Moroccan Diaspora Reached $7 Billion in November 2020
Morocco’s Foreign Exchange Office has announced that remittances from the Moroccan diaspora continue despite the COVID-19 pandemic.
IFC Investment Will Allow Banco General to Support Mortgage Financing and Boost Climate Products
IFC, a member of the World Bank Group, provided Banco General, S.A., a loan of $150 million for mortgage lending for low and middle-income families in Panama, at the end of 2019.
BBVA Microfinance Foundation’s Institutions Establish Measures for the 2.2 Million Entrepreneurs It Serves During the Health Crisis
Aligned with its social purpose and in light of COVID-19’s progress in Latin America, BBVA Microfinance Foundation’s six institutions in five countries in the region have adopted urgent and necessary measures to help its 2.2 million clients cope with this situation.