All News and Announcements

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News

IFC, Rwanda Capital Markets Authority and Central Bank Join Forces to Boost Access to Long-Term Finance for Small Businesses

The four-year partnership will help expand access to long-term local currency finance in Rwanda for key sectors such as housing, agribusiness, and smaller businesses.

News

Reserve Bank Launches Index to Capture Financial Inclusion

The Financial Inclusion Index has been conceptualized as a comprehensive index incorporating details of banking, investments, insurance, postal, and the pension sector in consultation with government and respective sectoral regulators.

News

BECU Taps MX for Savings App

MX announced it has partnered with BECU today to build a mobile app feature Quick Save that encourages BECU members to build savings through frequent, small-amount transfers.

News

Fiji: Survey Shows Improvement in Financial Inclusion

A 2020 Financial Services Demand Side Survey Report released by the Reserve Bank revealed that the level of formal financial inclusion among Fijians has increased to 81 percent from 64 percent in 2014.

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Africa’s Financial Regulators Prioritize de-Risking of Vulnerable Groups

Women, youth and micro, small and medium enterprises in Africa are most at-risk of financial exclusion during COVID-19, say Bank of Tanzania and Alliance for Financial Inclusion.

News

IFC and FMO Partner With I&M Bank Ltd. to Support Small and Medium-Sized Businesses in Kenya

The loan will help smaller businesses across a range of sectors in Kenya access financing for working capital, expansion, and to weather the effects of COVID-19.

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The Center for Financial Inclusion Invites Submissions for Financial Inclusion Week 2021

Financial Inclusion Week 2021 will be convened under the theme, "Inclusive Finance: Driving Prosperity in an Era of Uncertainty."

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Launch of Global Business Identity Initiative to Boost Financial Inclusion for African SMEs

London Stock Exchange Group(LSEG), Zimbabwe’s NMB Bank Limited, Global Legal Entity Identifier Foundation (GLEIF), Cenfri and Cornerstone unlock access to trade finance and boost economic potential for SMEs.

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Philippines: House Panel OKs Bill Promoting Rural Financial Inclusion

The measure will promote financial inclusion and literacy especially to those living in rural and underdeveloped areas to ensure equitable access to financial technology.

News

The Cracking the Nut® 2021 Conference Agenda is Set!

Check out the full lineup of plenary, breakout, and networking sessions, featuring leading development practitioners, private sector stakeholders, finance professionals, and more.