All News and Announcements

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News

Cambodia Microfinance Association, NBC Launch Project to Increase Financial Literacy, Consumer Protection

The National Bank of Cambodia and the Cambodia Microfinance Association recently launched a project called Strengthening Safe Finance in Community to enhance safe and secure use of formal financial services and increase access to these services.

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Commercial Bank of Ceylon Launches a Digital Marketplace to Help Sri Lanka’s Small Businesses

The International Finance Corporation is supporting the Commercial Bank of Ceylon to launch a digital marketplace in Sri Lanka, which will help business owners connect with more customers locally and abroad.

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JPmorgan and Commonwealth Expand Work on Effect of Emerging Tech on Financially Excluded

Commonwealth and JPMorgan Chase have announced the next phase of their collaboration to address the challenges and opportunities that emerging technologies present for advancing financial inclusion of US workers earning low and moderate incomes.

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Faulu Bank Announces KSH 1.5B Credit Line for Farmers

Faulu Microfinance Bank has committed KSH 1.5 billion (≈ $11.424.219,30) to enable farmers in 47 counties in Kenya to purchase farm and animal inputs.

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IFC Partners With Saigon-Hanoi Commercial Joint Stock Bank to Boost Lending for Vietnam’s Smaller Businesses

IFC is providing a $40 million loan to Saigon-Hanoi Commercial Joint Stock Bank to enable the bank to provide support to local small and medium enterprises, especially women-owned businesses.

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SVC Launches New Investment in Fintech VC Funds Product at the Financial Sector Conference 2023

Saudi Venture Capital Company, in partnership with the Capital Market Authority and the Financial Sector Development Program has launched a new product designed to support the growth of the fintech industry in Saudi Arabia.

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EMA2023: Inclusive Finance for Food Security & Nutrition - Applications Now Open for EUR 100,000 Prize!

The European Microfinance Award 2023 is inviting applications from organizations working in financial inclusion that aim to safeguard access to quality and affordable food for vulnerable populations.

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Early Bird Registration for the 25th MFC Annual Conference "Thriving Together" Is Now Open!

Take advantage of the early bird registration and join more than 500 professionals from over 40 countries at the 25th Microfinance Centre Annual Conference "Thriving Together"!

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Cambodia: An Intensified Commitment to Client Protection

National Bank of Cambodia and the Cambodian Microfinance Association recently announced a joint initiative, Strengthening Safe Finance in Communities aimed at increasing financial literacy, consumer empowerment, and client protection.

News

Women’s Exclusion From the Digital World Has Withheld $1 Trillion From Low- And Middle-Income Countries" GDP

The UN Women’s Gender Snapshot 2022 report concludes that over the last decade women’s exclusion from the digital world has deprived low- and middle- income countries of up to $1 trillion of their gross domestic product.