All News and Announcements
Symbiotics Launches First 100% Agricultural Green Bond in India with Samunnati
Symbiotics has arranged with Samunnati Financial Intermediation & Services Private Limited (“Samunnati”) its first Green Bond whereby the proceeds of $4.6 million in local currency equivalent are fully allocated towards climate smart agriculture.
FMO Invests $10 Million in the Regional MSME Investment Fund for Sub-Saharan Africa (REGMIFA)
REGMIFA, the Regional MSME Investment Fund for Sub-Saharan Africa, has attracted a further $10 million from Dutch-based entrepreneurial development bank FMO.
responsAbility Launches Social Bond to Support Financial Inclusion and Health Post-COVID
The $177.5 million social bond will bundle loans to innovative companies in capital-scarce regions which operate in the financial inclusion, healthcare and WASH (water, sanitation, hygiene) sectors, and that have a measurable, positive social impact.
Symbiotics Arranges a Sustainability Bond in Armenia With AraratBank for $14.5 Million
Microenterprises and SMEs will benefit from the Social loans to encourage employment creation and business activity in the country.
IFC Partners With Evocabank to Support Smaller Businesses, Boost Resilience and Drive Recovery in Armenia
Even before the COVID-19 crisis, access to finance was the biggest obstacle for doing business in Armenia. Has it increased following the pandemic?
Sao Tome and Principe: World Bank Boosts Improvements in the Banking System, Access to Finance
This $7 million financing for the ongoing Institutional Capacity Building Project will help scale-up activities with the Central Bank of Sao Tome and Principe and support system modernizations as part of the COVID-19 mitigation response.
IFC Supports ProducePay to Improve Mexican Farmers' Access to Finance and Global Supply Chains
The investment will help reduce traditional banking costs and improve supply chains boosting financial access, productivity and exports.
Symbiotics Launches the First Sustainability Bond in Georgia With MFO Crystal for $5 M
The proceeds of the Sustainability Bond will be used to finance both Social and Green eligible loans. The Social loans will be granted towards microenterprises and SMEs, stimulating the generation of employment in the country.
Symbiotics Launches Tameo, an Independent Spin-off Focusing on Enhancing Impact Funds With Support Services
The new company offers reference products to impact investors and fund managers, centered around research, impact and investment solutions.
Former Hong Kong Bourse Chief LI Plans New Microfinance Platform in 2021
Li told Reuters in an interview that in “traditional finance” investing in SMEs was rarely worthwhile for global institutions as the due diligence was difficult, risks were high and funding amounts small.