All News and Announcements
Hope Rises for SMEs as BaobabPlus, TradeLenda Offer Solar Solutions
Under the partnership, Trade Lenda will offer credits to SMEs to acquire solar energy solutions offered by BaobabPlus to run their businesses.
IFC and National Bank of Samoa to Boost SME Finance to Support Entrepreneurs and Create Jobs
International Finance Corporation will invest up to $4 million equivalent in Samoan Tala to boost access to finance for small and medium enterprises particularly women-led businesses and SMEs focused on agriculture.
May 31st Deadline Fast Approaching for SME Global Finance Awards Competition
The Global SME Finance Awards competition recognizes the commitments and achievements of financial institutions and fintech companies in delivering outstanding products and services to their SME clients.
Commercial Bank of Ceylon Launches a Digital Marketplace to Help Sri Lanka’s Small Businesses
The International Finance Corporation is supporting the Commercial Bank of Ceylon to launch a digital marketplace in Sri Lanka, which will help business owners connect with more customers locally and abroad.
IFC Partners With Saigon-Hanoi Commercial Joint Stock Bank to Boost Lending for Vietnam’s Smaller Businesses
IFC is providing a $40 million loan to Saigon-Hanoi Commercial Joint Stock Bank to enable the bank to provide support to local small and medium enterprises, especially women-owned businesses.
Symbiotics Investments Launches $9 Million Social Bond With Agricover Credit IFN SA in Romania
With the issuance of this bond, Agricover reinforces its long-term commitment to sustainable development in Romania, catering to the financing needs of smallholder farmers.
IFC Announces $300 Million Loan to Banistmo to Boost Financing for SMEs and Preferential Mortgages
The investment will allow Banistmo to address two development challenges simultaneously by reducing the financing gap for SMEs and addressing the country's housing deficit.
ITC, UN Capital Development Fund Partner to Unlock Financing for Women, Youth and Small Businesses
The organizations will work together to unlock finance for MSMEs to help advance the UN Sustainable Development Goals.
Prophius Partners With Mastercard on Tap on Phone Payments for SMEs in Sub-saharan Africa
The move is expected to boost digital payment acceptance at small and micro enterprises in Nigeria, Ghana, Kenya, Uganda, and other key markets in Sub-Saharan Africa.
IFC Announces Loan of up to $100M to Mibanco to Support MSMEs and Women in Peru
The investment will allow the bank to strengthen its lending operations for women-owned micro, small, and medium enterprises in the underserved regions of the country.