Bill and Melinda Gates Are Now Backing New Digital Payments System in Pakistan to Support Financial Inclusion for Women
The new online payments system, Raast, has been launched to support women who might have been financially marginalized or unable to access modern financial services for a long time.
Super Apps Rising: Mobile Drives Digital Payments Uptick in Pakistan
The pandemic and the rise of mobile infrastructure have set the stage to bring people living in developing and emerging economies into the digital realm.
IFC’s Investment to Boost Green Housing, Strengthen Capital Markets in Romania
This placement is the first-ever senior preferred bond issuance by Banca Comercială Romana S.A., Romania's second-largest bank.
Pakistan: UBL Partners With U Microfinance Bank Limited to Promote Financial Inclusion
A memorandum of understanding was signed to promote financial inclusion and to open up multiple avenues for collaboration, including medium to long-term debt funding, Retail TFC, Islamic microfinance funding, and more.
Mobilink Microfinance Bank, CBA Partner to Promote Access to Digital Financial Solutions
This partnership will strengthen access to financial products and services through digital platforms and improve financial literacy.
FINCA Microfinance Bank Partners With Millat to Provide Tractors to Farmers
Under this collaboration, existing or potential customers of the bank looking to purchase a tractor for their farming needs will be able to book a tractor which will be delivered on easy terms and conditions through a quick and hassle-free process.
Karandaaz Joins Hands With FINCA Microfinance Bank to Enable Financial Inclusion of Women
Under this agreement, Karandaaz has committed a grant to FINCA Microfinance Bank Pakistan for initiating and running an exploration program that will help FINCA design gender-sensitive products and communication strategy with the aim of reducing the gender gap.
VEON’s Mobilink Microfinance Bank Promotes Financial Inclusion and Supports Farmers with Programmes to Drive Economic Prosperity in Pakistan
The three Mobilink Microfinance Bank initiatives include low-cost 4G handsets for customers bundled with the bank’s digital banking application, e-commerce services for female entrepreneurs, and an agriculture advisory service for farmers in Pakistan.
IFC’s Investment in Romania’s First Sustainability Bond to Catalyze Financial Inclusion, Support Future Resilience
The local currency-denominated senior non-preferred sustainability bonds will help the bank increase its lending to businesses investing in climate-smart initiatives—green buildings, renewable energy, energy efficiency, clean transportation, sustainable agriculture, and others.
Pakistan: Jazzcash Taps Mastercard for Digital Payments
In a statement, JazzCash owner Veon, said in addition to an opportunity to widen access to digital payments, the partnership would improve financial inclusion during the COVID-19 pandemic.