All News and Announcements

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News

Digitalizing the Route of Remittances Will Help Africa’s Recovery

Within the continent’s gloomy pandemic narrative, the formidable resilience of remittance flows into African markets is a shining light.

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The Winners of the 2020 Fintech and Regtech Global Awards

Central banks and their partners have innovated across machine learning, cloud services, payments and more.

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VisionFund International Appoints New President & Chief Executive Officer

After an extensive global search, VisionFund is pleased to announce that Edgar Martinez has been appointed President and CEO for VisionFund International effective18 January 2021.

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FMO Proposes $4 M Loan to Cambodian Microfinance Firm Maxima

Dutch development bank FMO has proposed $4 million funding in Maxima Microfinance, a regulated microfinance institution in Cambodia.

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Introducing the 2020 Inclusive Fintech 50

Announcing the 2020 Inclusive Fintech 50, a group of startups driving inclusion and resilience for the 3 billion financially underserved people globally.

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Registration for Virtual European Microfinance Week 2020, 18-20 Nov, Is Now Open

Join the event from wherever you are in the world and connect for three days of knowledge exchange, peer to peer learning and more!

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Cambodia: Requests for Loan Restructuring Fall

More than 260,000 applicants received approval to restructure their loans from microfinance institutions as of October.

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Microinsurance Cover Needed for India's Poor to Prevent COVID-19 Economic Debacle

The events that have unfolded have brought to the fore the need to provide some sort of a social security net for millions of toiling masses. 

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New IFC Survey Reveals A Third of Workers in Bangladesh’s Micro, Small and Medium Enterprises Now Jobless in Wake of COVID-19 Impacts

A staggering 37 percent of workers in Bangladesh’s micro, small and medium enterprises lost their jobs, either temporarily or permanently, in the space of one month, with 94 percent of MSMEs experiencing a sharp drop sales due to the impact of COVID-19.

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Sri Lanka: ComBank Receives $ 50m Equity from IFC

This is the first foreign equity placement by Commercial Bank, the first post-pandemic equity placement by the IFC and is one of the largest foreign investments into Sri Lanka since the start of the COVID-19 pandemic.