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International Finance Corporation (IFC) and Citi have agreed to implement a USD 500 million facility in Mexico as part of a USD 2 billion sustainable supply chain finance programme.
supply chain finance, sustainability , banking, partnership, growth markets
To help expand financial inclusion in the Philippines, the International Finance Corporation (IFC) has invested USD 7 million in the country’s fintech firm Salmon.
fintech, funding, investment, credit access, financial inclusion
Sri Lanka-based Commercial Bank of Ceylon, ComBank, has recently announced a new partnership with the International Finance Corporation (IFC), to develop a supply chain financing (SCF) strategy that will help the bank to lend more to local SMEs.
lending, SMEs, SME lending, partnership, banks, financial services, financial institutions, financial inclusion, cross-border logistics, supply chain finance, funding
Vanuatu has adopted VANKLIA, a new national digital payment platform to strengthen its digital economy and promote financial inclusion.
digital payments, central bank, financial inclusion, instant settlement, clearing house
The International Finance Corporation has announced its partnership with Bangko Sentral ng Pilipinas and World Bank to launch the Open Finance PH Pilot.
partnership, product launch, mobile banking, online banking, digital banking, banking, Open Banking, Open Finance