Articles with tag: support package

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IFC provides USD 50 mln loan to Access Bank for Nigeria-based businesses amid Covid-19

20 Jul 2020 | E-invoicing, SCF & E-procurement

World Bank Group member IFC has provided a USD 50 million loan to Access Bank to help the bank increase liquidity to SMEs in Nigeria challenged by COVID-19. 

IFC, Access Bank, World Bank Group, Nigeria, SMEs, covid 19, Africa, loan, fast track financing support package, fast track facility, trade financing, working capital, business clients, disrupted cash flows, retail bank

The Monetary Authority of Singapore announces USD 125 mln support package for fintechs

08 Apr 2020 | Payments General

The Monetary Authority of Singapore (MAS) has announced a USD 125 million support package to sustain and strengthen capabilities in the financial services and fintech sectors amid the current economic slump. 

The Monetary Authority of Singapore, fintechs, digital, support package