IFC Supports FinComBank to Attract Investments, Driving Growth in Moldova Amid COVID-19
The collaboration will help address the liquidity constraints that micro, small, and medium enterprises are facing in the country, supporting economic stability.
Resilient and Inclusive Financial Services Delivery During COVID-19
This report draws on the lessons that main actors in Zambia, Rwanda, and Sierra Leone have learned about resilience in the times of COVID-19 and identifies key insights into how they have continued to expand financial inclusion.
IFC, National Bank of Iraq Partner to Boost Access to Finance for SMEs, Create Jobs
IFC announced an investment for the National Bank of Iraq to support the growth of smaller businesses in Iraq and help them create jobs and overcome challenges, including from COVID-19-related disruptions.
Nigeria: Richway Microfinance Bank Wins Best SME Support Bank of the Year 2021 Award
Richway beat a host of other banks at the International Standards Excellence Award 2021, to take home the Award for performing exceptionally in a tumultuous year characterized by the negative impacts of COVID-19 pandemic.
COVID-19 Recovery Funds Benefit to 3,000 Businesses in Rwanda
The Executive Director of Association of Microfinance Institutions said that a total amount ranging between RWF 4 billion ($4M) and RWF 5 billion ($5M) has been channeled through microfinance institutions to help small businesses recover from COVID-19 effects.
Kenya: Central Bank Releases Over KSH55B (~ $500M) to Rescue Struggling Local Lenders
The disclosures, contained in CBK's latest annual report, shed light on the behind-the-scenes operations to rescue struggling lenders from sinking.
Report – Impact of COVID-19 on the Microfinance Sector: Focus on the Caucasus Region
Research finds that the Symbiotics portfolio is recovering from the crisis stemming from the pandemic and its partners from the Caucasus region are following a similar trend, but at a slower pace.
COVID-19 and Fintechs in Bangladesh—Impact and Resilience
This collaborative fintech landscape study aims to understand the impact of the pandemic and resilience of the fintech ecosystem across Bangladesh.
FinDev COVID-19 Update | 26 Aug - 08 Sep 2021
A roundup of the most relevant coronavirus-related news, resources and events from the past two weeks
Three Actions to Expand Women’s Financial Inclusion in the Midst of COVID-19
International Women's Forum member Mary Ellen Iskenderian, President & CEO of Women’s World Banking, shares three key points for expanding women’s financial inclusion in response to the impact of the ongoing pandemic.