The portfolio will invest in small and medium enterprises and through microfinance in themes such as climate and energy, education and healthcare.

The $150 million financing package will allow the bank to expand its financing to doctors and healthcare micro, small, and medium enterprises for working capital and purchase of medical equipment.

The program will help women running small businesses and microfinance institutions lending after the pandemic.

The goal of the collaboration is to work jointly mainly on financial inclusion, financial literacy of Punjab Information Technology Board incubation wing startups and awareness for the stakeholders of the Association of Chartered Certified Accountants.

A senior loan of EUR 5 million will be on-lent by the bank to businesses that want to implement energy efficiency and resource efficiency measures, as well as small scale renewable energy projects. 

The credit aims to strengthen financial sector stability, diversify financial solutions, and increase access to financial services in support of Nepal's green, resilient, and inclusive development.

The Bangko Sentral ng Pilipinas said the use of satellite technology to expand broadband services would boost financial inclusion, as well as help banks in remote areas improve disaster resiliency.

A Memorandum of Understanding between the two development organizations signed this week reflects the shared vision of UNCDF and the OPEC Fund to help people to rise out of poverty and achieve sustainable lives.

The plan, which will be implemented in all countries where BBVA is present, has three lines of action in financial education: society, business support and collaboration.

The Parties recognize the importance FinLit in the development agenda and in its significant contribution to financial inclusion.