Articles with tag like: International Finance Corporation

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World Bank Group increases COVID-19 response to USD 14 Billion

News | Payments General | 19 Mar 2020

The World Bank and IFC have approved a USD 14 billion financing package of fast to assist companies and countries dealing with the COVID-19 pandemic. 

World Bank, IFC, International Finance Corporation, financial aid, financial support, World, COVID-19, coronavirus

World Bank Group announces up to USD 12 Billion for COVID-19 country response

News | Payments General | 04 Mar 2020

The World Bank Group is making available up to USD 12 billion to assist countries coping with the health and economic impacts of the global COVID-19 outbreak. 

The World Bank Group, World Bank, COVID-19, coronavirus, IDA, IBRD, IFC, International Finance Corporation, lending, low-interest loan

IFC teams with Coronation Merchant Bank to boost trade finance in Nigeria

News | E-invoicing, SCF & E-procurement | 04 Mar 2020

International Finance Corporation has announced a USD 40 million trade finance guarantee facility to Coronation Merchant Bank under its Global Trade Finance Program.

International Finance Corporation, partnership, trade finance guarantee facility, Coronation Merchant Bank, Global Trade Finance Program, trade finance, Nigeria, access to capital

International Finance Corporation to fund Paraguays SCF needs

News | E-invoicing, SCF & E-procurement | 03 Sep 2018

International Finance Corporation has provided USD 25 million working capital to help Agrotec support Paraguay’s supply chain financing needs.

International Finance Corporation, Paraguay, supply chain finance, Agrotec, agriculture supply chain, working capital, funding, financing

World Banks IFC funds BIND Banco to help Argentinian SMEs

News | E-invoicing, SCF & E-procurement | 21 Aug 2018

International Finance Corporation, a member of the World Bank Group, has announced it will provide USD 55 million to BIND Banco Industrial.

World Bank, International Finance Corporation, BIND Banco, Argentina, SMEs, lending, financing, local market, financing projects, agribusiness, infrastructure, renewable energy, manufacturing, financial intermediaries

IFC invests USD 100 mln in Indias Mahindra Finance

News | Payments General | 04 Jul 2018

International Finance Corporation has announced the investment of 640 crore (USD 100 million) in Mahindra Financial Services.

International Finance Corporation, Mahindra Finance, India, investment, loan, non-banking financial company, private sector, financing

bKash, Ant Financial to promote financial inclusion for the unbanked in Bangladesh

News | Payments General | 26 Apr 2018

bKash and Ant Financial Services Group have partnered to promote financial inclusion for the unbanked and underbanked communities in Bangladesh.

bKash, Ant Financial, unbanked, Bangladesh, International Finance Corporation

International Finance Corporation offers USD 10 mln to Basisbank

News | E-invoicing, SCF & E-procurement | 09 Apr 2018

IFC, a member of the World Bank Group, has joined forces with Basisbank to boost access to working capital and trade finance for Georgia’s small and medium enterprises (SMEs).

International Finance Corporation, Basisbank, trade finance, working capital, Georgia, SMEs, cross-border trade