All News and Announcements

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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.

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IFC Is Ready to Invest up to $2 Billion Pesos in ABL Trust Mexico to Promote SMEs Recovery

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.

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Women’s World Banking to Host Making Finance Work for Women Virtual Summit

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

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Cross-Border, Digital Payments Drive Payment Rail Innovation

dLocal is growing its payment network to include three countries in Central America and the Caribbean, while SafetyPay has collaborated with Latin America’s Rappi.

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IFC Supports Banco Agromercantil, BAM to Expand Financing for SMEs Affected by COVID-19, Helping Economic Recovery in Guatemala

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.

News

Global FinTech Platform Nium Announces Expansion of Remittance Routes for E9pay Customers

E9pay aims to leverage Nium's extensive payments network to boost its B2B remittance offering