The initiative aligns with the Knowledge Officer’s mission to empower the fintech ecosystem with education.

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.

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.

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. 

More than 260,000 applicants received approval to restructure their loans from microfinance institutions as of October.

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.

Up to 77 percent of consumers in the Kingdom spending more money online since the onset of the pandemic.

Filipino households in the lower-income group, especially those in the rural areas of the country, are still struggling to save.

The partnership aims to support the development of the distressed small and medium enterprises assets market in Brazil.

Financial inclusion will play an important role in Indonesia’s recovery from the coronavirus disease (COVID-19) pandemic.