The investment will increase Omni's capacity to assist their existing as well as new clients, thus supporting the private sector's recovery in the wake of the pandemic.

High-level representatives from Latin America and the Caribbean noted that digital means continued to offer alternative modes for countries to achieve their financial inclusion goals and reach worst-impacted groups.

The financing package consists of $130 million from IFC's own-account and a $270 million syndicated loan from a group of 10 banks.

The government views the accelerated transition to a digital society and economy as vital to economic recovery following the COVID-19 pandemic. 

Unexpected surge in amounts forwarded home shows resilience in U.S. construction and agriculture.

On November 16, IDB Lab will bring together experts on the state of financial inclusion in a scenario strongly marked by the disruptions caused by the health emergency.

This investment is the first of five proposed commitments to ABL Trust Mexico that could reach a total of $2 billion pesos in the next three to five years.

More than 1000 micro, small, and medium enterprises (MSMEs) in Guatemala will have improved access to finance, as a result of a partnership between IFC and Banco Agromercantil.

The International Finance Corporation (IFC) and Compass Group have announced an alliance to channel working capital to hundreds of Peruvian companies from multiple economic sectors which have been severely impacted by the economic crisis generated by the COVID–19 pandemic.

As the COVID-19 pandemic froze the United States economy, not all Latin American immigrants living there were affected equally.