IFC

IFC report urges FinTech firms to target women customers in emerging markets for financial inclusion

The survey findings also show that women still make up a minority of FinTech portfolios, with 63 percent of the lending-focused FinTech firms reporting that women-owned small and medium sized enterprises (SMEs) make up less than a quarter of their portfolio.

IFC provides $200M loan to boost sustainable finance in Indonesia

Through a $200 million loan to PT Bank Shinhan Indonesia (BSI) — a corporate and retail finance bank in the country —IFC aims to boost sustainable financing while supporting the nation's climate goals, including a first of its kind blue finance component.

IFC provides $64M green loan to boost renewable energy in Thailand, Indonesia, and Vietnam

A new investment through a green loan facility will help develop more renewable energy projects in Thailand, Indonesia, and Vietnam, with International Finance Corporation (IFC)'s $64 million to Sermsang Palang Ngan Company Limited (SPN) aiming to address the region's growing energy demand.

IFC invests in Tajikistan’s first green bond to support climate-smart projects

The International Finance Corporation (IFC) has announced a subscription of up to $10 million in a landmark local currency green bond issued by Tajikistan's Eskhata Bank—the first in the country — to boost access to climate finance for smaller businesses amid a challenging macro-economic environment.

IFC opens public access to AI-powered accelerator for sustainable investments

The International Finance Corporation (IFC) has on Tuesday announced the release of MALENA, a tool powered by artificial intelligence (AI) to transform environmental, social, and governance (ESG) analysis for emerging markets.

IFC partners Thai Credit Bank to support women-owned small businesses in Thailand

To help increase access to finance for small businesses in Thailand, especially women-owned or led firms, International Finance Corporation (IFC) is providing an equity investment of up to $23.8 million as a cornerstone investor in an initial public offering (IPO) of Thai Credit Bank Public Company Limited (Thai Credit).

IFC invests $56M in Global IME Bank to bolster gender and climate financing in Nepal

To help increase access to finance for smaller businesses in Nepal, including women-owned firms, and foster climate-friendly projects, International Finance Corporation (IFC) is investing $56 million in Global IME Bank Limited (GIBL), the largest commercial bank in the country.

Societe Generale and IFC seal new agreement to accelerate on sustainable finance

European bank Societe Generale and IFC, a member of the World Bank Group, have signed a collaboration framework agreement to accelerate on sustainable finance in developing countries, as part of both institutions' shared ambition to contribute to the UN Sustainable Development Goals (SDGs) and strong commitment to the environmental transition and…

IFC partners with Karsan to help drive electric vehicle production, exports in Türkiye

IFC is providing €35 million ($38.73 milllion) loan to an automotive manufacturer in Türkiye Karsan to boost its production of electric vehicles (EVs), strengthen the sector's competitiveness, increase exports and create jobs. The investment will also help bolster Türkiye's transition to net zero.

IFC supports new fund to address infrastructure gaps, cut carbon emissions across Asia and Africa

International Finance Corporation (IFC) is investing $50 million in equity to bolster A.P. Moller Capital's $1 billion Emerging Markets Infrastructure Fund II (EMIF II), joining forces with a consortium of global partners. The new investment will help address critical infrastructure gaps, facilitate trade, and boost access to renewable energy in Asia and…