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.

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.

This investment is the first of five proposed commitments to ABL Trust Mexico that could reach a total of $2 billion pesos in the next three to five years.

Exploring Covid-19’s impact on women’s economic empowerment and building resilience through equitable and inclusive financial systems.

More than 1000 micro, small, and medium enterprises (MSMEs) in Guatemala will have improved access to finance, as a result of a partnership between IFC and Banco Agromercantil.

Fintech companies will remain profitable and offer SME’s better opportunities to grow following the economic downturn, says new report.

New survey data co-funded by SCBF shows how inclusive fintechs are adapting to the COVID-19 pandemic.

Remittance inflow to South Asian countries indeed fell during the peak of the global pandemic. 

As per revised unified directives, banks and financial institutions can also contribute the fund to protect and treat their employees.

The region’s financial institutions and merchants have needed to work swiftly to support unprecedented levels of digital payments.