All News and Announcements

Showing 1 - 10 of 23
News

IFC Invests $150 Million in TBC Bank to Boost SME and Climate Financing in Georgia

IFC's financing is expected to help TBC Bank further grow its SME and climate finance portfolios. In addition, the project will help strengthen Georgia's climate finance market by promoting best practices in sustainable lending.

News

Microcredit Helps Ukrainian Refugees Start Businesses in Georgia

Since launching in 2022, the program for Ukrainians, which includes business mentoring services in addition to micro-finance, has helped over 30 Ukrainian entrepreneurs to support themselves and other refugees.

News

Georgia Boosts Financial Inclusion, Transparency With EU, World Bank

The reforms are expected to benefit both individuals and companies through increased access to financial products such as credit and digital payments, as well as improved consumer protection supervision.

News

OMRO Announces a Strategic Partnership With the European Investment Fund

OMRO IFN partners with the European Investment Fund, obtaining a guarantee ceiling to offer up to EUR 50.000 microfinancing, double the ceiling currently provided.

News

Symbiotics Investments Launches $9 Million Social Bond With Agricover Credit IFN SA in Romania

With the issuance of this bond, Agricover reinforces its long-term commitment to sustainable development in Romania, catering to the financing needs of smallholder farmers.

News

IFC’s Investment in Romania’s First Sustainability Bond to Catalyze Financial Inclusion, Support Future Resilience

The local currency-denominated senior non-preferred sustainability bonds will help the bank increase its lending to businesses investing in climate-smart initiatives—green buildings, renewable energy, energy efficiency, clean transportation, sustainable agriculture, and others.

News

IFC’s Investment to Boost Green Housing, Strengthen Capital Markets in Romania

This placement is the first-ever senior preferred bond issuance by Banca Comercială Romana S.A., Romania's second-largest bank.

News

IFC Supports Garanti BBVA Leasing to Boost Financing for Small Businesses in Romania, Accelerate Recovery

Small and medium-sized enterprises in Romania will improve their access to finance with a new investment that aims to support SMEs, including women entrepreneurs impacted by the COVID-19 pandemic.

News

Symbiotics Launches the First Sustainability Bond in Georgia With MFO Crystal for $5 M

The proceeds of the Sustainability Bond will be used to finance both Social and Green eligible loans. The Social loans will be granted towards microenterprises and SMEs, stimulating the generation of employment in the country.

News

EFSE and Vitas Expand Access to Local Currency Financing for Romanian MSEs

Senior loan equivalent of EUR 2 million to be on-lent to underserved local entrepreneurs to sustain small business operations.