All News and Announcements
IDB Group Launches FINLAC, an Initiative to Promote Financial Inclusion in Latin America and the Caribbean
FINLAC, a joint effort by the IDB, IDB Invest and IDB Lab, serves as a one-stop shop for advancing financial inclusion, supporting governments, accompanying firms, and igniting innovation in developing and implementing effective policies, reforms and business practices to create inclusive financial markets in the region.
Oikocredit Co-Leads a $39 Million Investment in Altum Credo to Promote Affordable Housing Finance
Oikocredit, alongside Z3 Partners and with the participation of British International Investment, has led a $39 million equity investment in Altum Credo to bolster affordable housing finance in India.
Philippines: Community Bank Champions Women’s Empowerment Through Financial Inclusion
Since adopting the UN Sustainable Development Goals as part of its sustainability framework in 2010, BDO has reported that 66 percent of its micro, small, and medium enterprises clients for BDONB are women-owned as of 2022.
Nigeria: ANWBN, Unity Bank Support 90 Female Groups on Financial Inclusion
The Association of Nigerian Women Business Network has partnered with Unity Bank Plc to reach over 90 women’s groups across Nigeria to unveil the Yanga account in Abuja.
Mastercard and Equity Bank Join Forces to Enhance Cross Border Money Transfers in Kenya
Through Mastercard Cross-Border Services, Equity Bank customers will be able to send funds through any Equity Branch Location in Kenya.
IFC and Nu Colombia Announce Alliance to Promote Financial Inclusion of Venezuelan Migrants in Colombia
The agreement will allow Nu Colombia to build the foundations to launch, in the future, a market strategy that promotes the financial inclusion of this population through access to digital financial services focused on savings accounts.
Afghanistan: World Bank, ARTF Support Access to Finance for Small Businesses, Women’s Economic Inclusion with $16M Grant
The grant will support the Empowering Microfinance and Enterprises for Resilience and Growth (EMERGe) Project and will be provided directly to the Aga Khan Foundation USA.
Financial Inclusion Compass Survey 2024: Where Is the Sector Heading? What Pitfalls or Opportunities Are Ahead?
The Financial Inclusion Compass 2024 survey is open until 6 May, and is available in English, French and Spanish.
UN Capital Development Fund Sets Off on Strategic Reimagining Around Blended Finance with Appointment of New Executive Secretary
Strategic Focus will center on deploying UNCDF’s capability to strengthen UN’s Development Offer by crowding in private sector finance to scale development impact in countries at greatest risk of being left behind.
Global SME Finance Awards 2024 Competition is Open
Please apply for the awards and be recognized amongst the global peer group of world leaders in SME finance and services.