New IFC Initiative Helps Banks in Mexico, Philippines, South Africa, Egypt Scale Climate Finance
The program is designed to increase climate lending by participating banks in Egypt, Mexico, the Philippines, and South Africa to 30 percent of their portfolios by 2030.
Citi Launches Digitized Documentation for Cross-Border Payments
New offering combines electronic cross-border payments and associated documentation on same platform, cutting days off execution of cross-border payments in South Africa.
FNB Extends Aid for Battling SMEs in South Africa Amid COVID-19, Lockdown
Amid the global COVID-19 pandemic and 21-day lockdown faced by South Africans, First National Bank has announced additional measures to assist small and medium-sized enterprises battling with funding in the country.
GGF and MF Banka Boost Green Finance in Bosnia and Herzegovina
A senior loan of EUR 5 million will be on-lent by the bank to businesses that want to implement energy efficiency and resource efficiency measures, as well as small scale renewable energy projects.
Lipa Payments Supports Financial Inclusion in Africa With Digital Payments
The company aims to solve the problem of informal areas not having access to payments systems in the digital age.