All News and Announcements
Pakistan: ACCA, PITB Join Hands to Increase Financial Inclusion
The goal of the collaboration is to work jointly mainly on financial inclusion, financial literacy of Punjab Information Technology Board incubation wing startups and awareness for the stakeholders of the Association of Chartered Certified Accountants.
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.
Nepal: World Bank Provides $150M to Strengthen Country's Financial Sector
The credit aims to strengthen financial sector stability, diversify financial solutions, and increase access to financial services in support of Nepal's green, resilient, and inclusive development.
Philippines: BSP Backs Use of Satellite Technology to Boost Financial Inclusion, Disaster Resilience
The Bangko Sentral ng Pilipinas said the use of satellite technology to expand broadband services would boost financial inclusion, as well as help banks in remote areas improve disaster resiliency.
UNCDF and the OPEC Fund for International Development Sign Agreement to Collaborate on Sustainable Finance Solutions
A Memorandum of Understanding between the two development organizations signed this week reflects the shared vision of UNCDF and the OPEC Fund to help people to rise out of poverty and achieve sustainable lives.
BBVA Launches Its Global Financial Education Plan With the Aim of Training One Million People by 2025
The plan, which will be implemented in all countries where BBVA is present, has three lines of action in financial education: society, business support and collaboration.
ICD and UBT Launch a Financial Inclusion, Financial Literacy Training and Education Program
The Parties recognize the importance FinLit in the development agenda and in its significant contribution to financial inclusion.
Egypt’s Largest Banks Back New Fintech-Focused Fund From Global Ventures
The fund is an implementation of the country’s strategic vision to support young innovators, with Nclude by Global Ventures to focus on accelerating fintech innovation and driving financial inclusion.
FFRI-CAC Fund Offers Co-Financing in Social Performance to Strengthen Caribbean MFIs
The Fund seeks to strengthen the capacities and practices of inclusive financial service providers in the Caribbean countries by offering co-financing for social rating, client protection certification, seminars specialized in social performance management.
Digitalization Key to Helping Micro-Retailers Grow Share of Indonesia's $80 Billion FMCG Market
IFC invested $5 million in equity to finance AwanTunai with the goal to bolster growth opportunities for micro-retailers -- many of them women – who are part of an industry made up of some 30,000 wholesalers and three million merchants.