EU and IFAD Launch New Initiative to Strengthen Financial Inclusion by Boosting Digital Remittances in Central Asia
This week IFAD launched the Platform for Remittances, Investment and Migrants’ Entrepreneurship (PRIME) Central Asia Initiative in Kazakhstan, the Kyrgyz Republic, Tajikistan, and Uzbekistan.
IFC Invests in Shinhan Finance to Support Smaller Businesses in Kazakhstan
The financing will allow Shinhan Finance to continue providing much-needed longer-term loans and enhance the resilience of smaller enterprises, which are critical for economic growth and job creation.
OMRO Announces a Strategic Partnership With the European Investment Fund
OMRO IFN partners with the European Investment Fund, obtaining a guarantee ceiling to offer up to EUR 50.000 microfinancing, double the ceiling currently provided.
Symbiotics Investments Launches $9 Million Social Bond With Agricover Credit IFN SA in Romania
With the issuance of this bond, Agricover reinforces its long-term commitment to sustainable development in Romania, catering to the financing needs of smallholder farmers.
IFC’s Investment in Romania’s First Sustainability Bond to Catalyze Financial Inclusion, Support Future Resilience
The local currency-denominated senior non-preferred sustainability bonds will help the bank increase its lending to businesses investing in climate-smart initiatives—green buildings, renewable energy, energy efficiency, clean transportation, sustainable agriculture, and others.
ADB Lends $15M to KMF to Boost Financial Inclusion for MSMEs, Post-COVID Growth in Kazakhstan
The loan is intended to boost its services to micro-, small, and medium-sized enterprises – especially in rural areas – to “improve financial inclusion and contribute to Kazakhstan’s recovery from the COVID-19 pandemic.”
ADB and KMF Sign $15M Loan to Expand Access to Credit for MSMEs in Kazakhstan
This loan is ADB's first intervention in Kazakhstan's financial sector in several years. It will support KMF's efforts to improve financial inclusion and contribute to Kazakhstan's recovery from the COVID-19 pandemic.
IFC’s Investment to Boost Green Housing, Strengthen Capital Markets in Romania
This placement is the first-ever senior preferred bond issuance by Banca Comercială Romana S.A., Romania's second-largest bank.
IFC Supports Garanti BBVA Leasing to Boost Financing for Small Businesses in Romania, Accelerate Recovery
Small and medium-sized enterprises in Romania will improve their access to finance with a new investment that aims to support SMEs, including women entrepreneurs impacted by the COVID-19 pandemic.
IFC and KMF to Help Micro and Small Entrepreneurs in Kazakhstan Weather the Impact of COVID-19
Micro and small enterprises (MSEs) in Kazakhstan stand to benefit from a new investment which aims to help businesses recover from the economic shock of the COVID-19 pandemic, resume operations, and adapt to the post-crisis environment.