A roundup of the most relevant coronavirus-related news, resources and events from the past two weeks

This is a continuation of the EIB's action carried out for several years in favor of microfinance in Morocco and is part of the bank's response aimed at supporting  micro-entrepreneurs, in the context of the COVID-19 crisis.

World Vision shares how they are working to support community-level financial institutions and promote grassroots-level transformation of the financial system

Indonesia's BRI Group has reduced the loan approval process for MSMEs in Southeast Asia from two weeks down to two minutes. The move comes at a critical moment when millions of businesses in the region are struggling to survive amidst the pandemic-driven economic recession.

While economies around the world are reeling from the pandemic’s impact, some segments are disproportionately affected. This is particularly the case for women-owned micro, small and medium enterprises.

A roundup of the most relevant coronavirus-related news, resources and events from the past two weeks

Africa is at the forefront of a digital financial transformation as the continent leads the world in mobile money inclusion.

The financing package will be used by Nations Trust Bank to help small and medium sized enterprises and corporates to stay afloat during the ongoing public health crisis.

The World Bank has warned that the weaker-than-expected growth elsewhere in the world due to the pandemic may undermine the recovery in Bangladesh and other countries in South Asia.

While COVID-19 may have wreaked havoc across financial services, according to a recent report the pandemic has driven the urgency to prioritize and actively deploy fintech initiatives by regulators.