The program will help women running small businesses and microfinance institutions lending after the pandemic.

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.

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. 

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.

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.

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.

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.

The Parties recognize the importance FinLit in the development agenda and in its significant contribution to financial inclusion.

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. 

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.