The new IFC initiative initially provides up to $700 million in guarantees to cover a portion of the credit settlement risk, thus enabling more institutions to offer innovative and reliable digital payment services to more customers, including small business owners, women entrepreneurs, and people historically shut out of the formal financial system.

By leveraging innovative risk management mechanisms, this transaction will help increase the availability of credit for companies with the potential to grow, invest, and create jobs.

This Good Practice Note explores how technology and advanced analytics can strengthen Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) risk management through a more effective, risk-based approach.

This report aims to inform practitioners and policymakers about ways in which innovations in credit scoring can advance financial inclusion while ensuring fairness and protecting consumers. 

The $40 million financing package is meant to expand lending to micro and small enterprises, with 25% earmarked for women-owned businesses.

Since 2005, IFC has invested and mobilized more than $2.5 billion for projects in Iraq. These investments have created over 28,000 jobs, including 5,000 for women, while strengthening infrastructure, expanding access to finance, supporting manufacturing, and enhancing food security.

A new risk-sharing facility will boost lending for smaller businesses in Ukraine, especially for agribusinesses and women-owned enterprises, helping them maintain production, create jobs, and grow.

H-DREAM Fund is among the first private credit funds globally focused on increasing sustainable affordable and mid-income housing in urban India.

Proceeds from the $90.4 million bond will help NSIA Banque Benin expand its MSME loan portfolio across Benin, Senegal, and Togo over the next three years. 

To increase access to finance for small businesses and women entrepreneurs in Uzbekistan, IFC has signed an agreement with Hamkorbank, the country’s third largest private lender, to provide a loan of up to $50 million.