All News and Announcements

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News

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.

News

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.

News

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.

News

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.

News

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.

News

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.

News

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.

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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.

News

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.

News

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.