Compañia Española de Financiación del Desarrollo (COFIDES), a development finance institution controlled by the Spanish government, recently launched the Huruma Fund, an investment vehicle with commitments of EUR 120 million (USD 145 million) to assist rural farmers in Asia, sub-Saharan Africa, and Latin America and the Caribbean via a range of intermediaries. Seventy percent of Huruma’s portfolio will be deployed via
Tag: CaixaBank
MICROCAPITAL BRIEF: EBRD Lends $47m to CaixaBank to Support SMEs in Morocco Amidst Coronavirus Pandemic
CaixaBank, a Spanish retail bank, recently accepted a loan of approximately MAD 430 million (USD 46.8 million) from the European Bank for Reconstruction and Development (EBRD), a UK-based development finance institution that has been investing in Morocco since 2012. CaixaBank is to use the funding to
MICROFINANCE EVENT: WSBI World Congress of Savings and Retail Banks; November 15-16, 2018; New Delhi, India
The World Savings and Retail Banking Institute (WSBI) World Congress will focus on the role of retail banks in “making globalization inclusive for all.” Presentation titles include: (1) Digitisation as a Tool for Financial Inclusion and Customer Proximity; (2) Locally Focused Savings and Retail Banks in a Circular and