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.
Reducing Climate Risks - AFC Assists Malagasy to Insure Themselves Against Income Losses
The overall program objective is to increase the productivity of the participating actors in the agricultural value chains particularly affected by climate change.
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.
IFC and Central Bank of Madagascar Partner to Strengthen Credit Reporting, Financial Inclusion
IFC and the Central Bank of Madagascar today announced a partnership to strengthen the country's public credit registry to improve credit reporting and increase access to finance for individuals and small businesses.