Vietnam’s Timo Bank Builds With AWS to Promote Financial Inclusion
The cloud banking platform will help Timo scale its business and acquire 5 million new customers over the next three years.
Symbiotics Investments Launches Its First Green Bond in Central America With Corporación Interamericana Para el Financiamiento de Infraestructura “CIFI”
With the issuance of this Green Bond, CIFI will promote sustainable development in Latin America and the Caribbean by financing several green projects in renewable energy: solar, wind, geothermal power, biomass or biogas power, and hydropower.
Nigerian Digital Lender Payhippo Acquires Microfinance Bank
Payhippo says this acquisition will enable them to directly access Nigeria’s Inter-bank Settlement System.
BBVA, Europe’s Most Sustainable Bank for the Third Year in a Row, According to S&P
BBVA achieved the highest score (100 points) in several areas: financial inclusion; environmental and social information; human capital development; materiality; fiscal strategy; crime prevention; public influence or lobbying; and human rights.
IFC, CRDB Bank Partner to Support Smaller Businesses, Job Creation in Burundi
Under the partnership, IFC has loaned $5 million to CRDB Bank Burundi S.A. for on-lending to smaller businesses, many of which struggle to access financing for growth, especially in the wake of the COVID-19 pandemic.
Quona Capital Sinking $332M Into Startups Focused on Financial Inclusion
The firm had its final close on $332 million in capital commitments for its Fund III, which invests in companies in Latin America, India, Southeast Asia, Africa and the Middle East.
VisionFund International Welcomes a New Chief Financial Officer
The new CFO, Samuel Mwogeza, is an executive leader with extensive experience in the financial institutions sector across multiple markets.
Financial Inclusion Campaign Focuses on Omani Women’s Role in Building Civilized Societies
The Association is focusing on an important segment in society this year, based on the recommendation of the Central Bank of Oman.
EU, UN and France Boost Access to Climate Finance for Local Governments in the Southern Mediterranean Region
The "Advancing Climate Adaptation in the Southern Mediterranean" program aims to increase climate and environment resilience in the Southern Mediterranean countries.
LAPO MfB Wins Microfinance Bank of The Year Award
A release by the Head of Communications & Branding at LAPO indicates that “LAPO MfB has won this award category for the ninth consecutive times."