All News and Announcements

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News

FMO and Finnfund Back SATYA MicroCapital With $35M to Make Formal Finance More Accessible to Women in India

The funds have been earmarked to fund women and youth financing, thereby promoting gender equality and female empowerment.

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Denmark Signs Agreement With UNDP and UNCDF Bangladesh to Extend Local Government Initiative on Climate Change for Two Years

The extension of the Local Government Initiative on Climate Change Project will be implemented in two districts of Bangladesh to strengthen communities' resilience to the impacts of climate change.

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BGMEA, Mitro Fintech Signs Deal to Improve RMG Workers Financial Inclusion

The Bangladesh Garment Manufacturers and Exporters Association has partnered with Mitro Fintech Ltd to improve the financial inclusion of Ready-Made Garments workers by offering them digital financial solutions.

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MicroVest Invests $10 Million in Annapurna to Support Financial Inclusion for Women in India

The $10 million MicroVest investment in Annapurna microfinance aims to promote economic inclusion in underserved rural communities, with a specific emphasis on empowering women in India.

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Huawei, bKash Sign MoU to Strengthen Partnership and Improve Financial Inclusion in Bangladesh

Huawei, a leading global technology solutions provider, recently reaffirmed its commitment to bKash, the leader in mobile payments and financial services in Bangladesh, that will plot the way towards financial inclusion.

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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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Symbiotics Launched a $7M Green Bond With Mufin Green Finance, India

India’s leading Electric Vehicle financing non-bank financial company has recently raised $7 million green bond arranged by Symbiotics Investments to strengthen its retail Electric Vehicle portfolio for two and three-wheelers across the country.

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VEON’s Mobilink Bank Becomes First Microfinance Bank Globally to Join the GSMA Connected Women Commitment Initiative

The global digital operator VEON last week announces that Mobilink Microfinance Bank Ltd. in Pakistan has signed up to the GSMA’s Connected Women Commitment Initiative set up to accelerate digital and financial inclusion for women.

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Svasti Microfinance Raises $5M From IIX's Women's Livelihood Bond 5, the World's First Orange Bond Issuance

Mumbai-based Svasti Microfinance has received $5 million through Non-Convertible Debentures from Singapore-based Impact Investment Exchange's Women's Livelihood Bond 5, the proceeds of which will go toward empowering women through income-generating activities.

News

Bill Gates Calls On RBI Governor; Discusses Financial Inclusion, Microfinance

Microsoft co-founder Bill Gates on Tuesday met Reserve Bank of India Governor Shaktikanta Das and discussed various issues including financial inclusion, payment systems, microfinance and digital lending among others.