Tag Archives: financial inclusion

CNP Assurances takes 40% stake in Embracon as Brazilian consórcio combination closes

Marie-Aude Thépaut, Chief Executive Officer of CNP Assurances

Approved transaction contributes CNP Consórcio to Embracon, with founders retaining 60%; excluding Caixa Consórcio, the combination holds a 5.8% market share IN BRIEFKEY TAKEAWAYSFAQs CNP Assurances Group and Embracon have completed the strategic combination of their consórcio activities in Brazil … Read the full press release →

Barclays Receives FCA Approval to Offer Targeted Support as It Expands Help for UK Customers Starting Their Investment Journey

(IN BRIEF) Barclays has received Financial Conduct Authority approval to provide Targeted Support, allowing the bank to offer additional guidance to eligible customers as they begin investing. Barclays plans to introduce the service later in 2026 through a phased rollout … Read the full press release →

European Investment Bank and Intesa Sanpaolo Provide €300 Million to Support Affordable Housing and Student Residences Across Italy

(IN BRIEF) The European Investment Bank and Intesa Sanpaolo have signed a €300 million agreement to finance new affordable housing and student residences across Italy, with the initiative expected to mobilise approximately €600 million in total investment. Intesa Sanpaolo, through … Read the full press release →

European Bank for Reconstruction and Development Provides US$40 Million Loan to EFG Holding to Expand MSME Financing in Egypt

(IN BRIEF) The European Bank for Reconstruction and Development is providing a US$40 million (€35 million) loan to EFG Holding to expand financing for micro, small and medium-sized enterprises in Egypt. The transaction is the first EBRD facility provided directly … Read the full press release →

EIB Institute-Backed FIN.e Alliance Calls for Broader Financial Education Access and Plans Network of More Than 4,000 Practitioners by 2028

(IN BRIEF) The EIB Institute-supported European Alliance of Financial Education Practitioners (FIN.e) has adopted the Alpbach Statement on Financial Education at the European Forum Alpbach, calling for wider access to high-quality financial education and a stronger connection between European policymaking … Read the full press release →

Ericsson and FIS Collaborate to Simplify Deployment of Wallet-Led Digital Financial Services

(IN BRIEF) Ericsson and FIS are collaborating to simplify the deployment of wallet-led digital financial services by pre-integrating FIS payments and issuing capabilities into the Ericsson Fintech Platform. The planned enterprise-grade solution will combine banking, payments, ledgering, identity, compliance, cloud-native … Read the full press release →

Garanti BBVA Launches Gender-Focused Sustainable Bond Under International Funding Programme

(IN BRIEF) Garanti BBVA has issued a US $30 million sustainable bond aimed at financing initiatives that advance gender equality and women’s economic empowerment. The bond was issued on 29 June with a tenor of 372 days and is aligned … Read the full press release →

New Greece Microfinance Initiative Supports Jobs, Social Cohesion and Rural Entrepreneurship

(IN BRIEF) The Council of Europe Development Bank and the Cooperative Bank of Karditsa have signed a €10 million Framework Loan Agreement and a €718,410 grant agreement to expand microfinance and social economy support in Thessaly and neighbouring parts of … Read the full press release →

Maib Gains EBRD Portfolio Risk-Sharing Support to Increase Lending Capacity for Moldovan Enterprises

(IN BRIEF) The European Bank for Reconstruction and Development is providing a new portfolio risk-sharing facility of up to €25 million to maib, Moldova’s largest bank, to support expanded lending to micro, small and medium-sized enterprises. The unfunded guarantee is … Read the full press release →

EBRD and Credo Bank Strengthen Access to Local Currency Finance for Georgian Small Businesses

(IN BRIEF) The European Bank for Reconstruction and Development is providing a loan of up to US$40 million, equivalent to €34.6 million, to Credo Bank to expand financing for micro, small and medium-sized enterprises in Georgia. The facility will help … Read the full press release →

European Investment Fund and AFIN IFN Advance Financing Access for Romania’s Social Economy Sector

(IN BRIEF) The European Investment Fund has signed a €480,000 subordinated loan agreement with Romanian non-bank lender AFIN IFN to strengthen financing for social enterprises, NGOs and cooperatives across Romania. Supported by the InvestEU programme, the 10-year agreement aims to … Read the full press release →

BBVA accelerates social sustainable finance with €30 billion mobilized in 2025 to support inclusion and economic development

(IN BRIEF) BBVA increased its social sustainable financing to €30 billion in 2025, representing a 52% year-on-year rise and forming part of a total €134 billion mobilized in sustainable business. The funds supported a wide range of initiatives, including entrepreneurship, … Read the full press release →

Experian Research Highlights Debt Consolidation Knowledge Gap as Households Miss Opportunities to Reduce Interest Costs

(IN BRIEF) Experian has released new research during Credit Awareness Week showing that many consumers lack a clear understanding of debt consolidation, despite its potential to simplify repayments and reduce interest costs. The study found that 65 percent of people … Read the full press release →

New Collaboration Integrates Ericsson Fintech Platform with Mastercard Move to Simplify Money Movement for Service Providers

(IN BRIEF) Ericsson and Mastercard have partnered to integrate Ericsson’s Mobile Financial Services platform with Mastercard Move, creating a unified framework for digital payments and money transfers. The collaboration is designed to simplify access to advanced payment technologies for telecom … Read the full press release →

BBVA Secures Top Latin America Banking Award, Strengthens Leadership in Argentina and Peru

(IN BRIEF) BBVA has once again been named ‘Best Bank in Latin America’ by The Banker, marking its second consecutive win and recognizing its leadership in innovation, sustainability and digital banking. The bank also received Best Bank awards for its … Read the full press release →

IFC and Crédit Agricole CIB partner on $2 billion risk transfer deal to boost trade finance in emerging markets

(IN BRIEF) The International Finance Corporation (IFC) and Crédit Agricole CIB have finalized a $2 billion Significant Risk Transfer (SRT) deal, backed by a $95 million financial guarantee from IFC, to unlock new trade finance commitments for emerging markets. The … Read the full press release →

EIB Global and Erste Bank Serbia Join Forces to Boost Inclusive Growth and Employment Opportunities

(IN BRIEF) EIB Global has signed a €10 million loan and a €1.3 million grant with Erste Bank Serbia to support small businesses and promote inclusive employment opportunities across the country. The initiative uses an innovative impact-based financing model, rewarding … Read the full press release →

New Experian Credit Score brings clearer lender-aligned insights and more ways to build credit health

(IN BRIEF) Experian UK&I is launching a revamped Experian Credit Score to better align with modern lending practices and give consumers clearer, more actionable insight. The score range expands from 0–999 to 0–1250, and the model brings in additional positive … Read the full press release →

EIB Global and Central Bank of Armenia Launch €100 Million Facility to Support SMEs, Women Entrepreneurs and Green Projects

(IN BRIEF) The European Investment Bank (EIB Global) has partnered with the Central Bank of Armenia to launch a €100 million loan programme to boost financing for MSMEs and mid-caps, with a strong focus on regional, women-led, and green projects. … Read the full press release →

EU-Backed EBRD Loans Boost Green and Competitive Growth for Moldova’s maib, Victoriabank, and Eximbank

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), in partnership with the European Union, is extending €22.5 million in new loans to three Moldovan banks — maib, Victoriabank, and Eximbank — under the EU4Business-EBRD Credit Line to boost … Read the full press release →

FCA Unveils Smart Data Accelerator and Two Open Finance TechSprints to Boost Financial Innovation and Inclusion

(IN BRIEF) The Financial Conduct Authority (FCA) has launched the Smart Data Accelerator, in collaboration with Raidiam, alongside two new TechSprints aimed at advancing open finance innovation in the UK. Building on the success of open banking, these initiatives will … Read the full press release →

EBRD Launches €10 Million Initiative to Support Sustainable Growth in Albania’s SME Sector

(IN BRIEF) The EBRD has launched a €10 million financial package for Tirana Bank, including a €5 million SME Reboot loan to help Albanian SMEs invest in green technologies and a €5 million trade finance facility to expand the bank’s … Read the full press release →

Garanti BBVA moves sustainability financing online after surpassing TRY 400 billion target, sets new goal of TRY 3.5 trillion

(IN BRIEF) Garanti BBVA has digitalized its sustainability loans, moving the product from branch-only access to online and mobile platforms. Customers in Türkiye can now apply digitally for financing that supports green initiatives such as decarbonization, energy efficiency, sustainable agriculture, … Read the full press release →

Experian ranks 6th in 2025 IDC FinTech Rankings, securing top-10 position globally for the fourth year in a row

(IN BRIEF) Experian has been ranked 6th in the 2025 IDC FinTech Rankings: Top 100, moving up one position from last year and remaining in the global top 10 for the fourth year in a row. The recognition highlights Experian’s … Read the full press release →

Afin Bank adopts Wolters Kluwer’s OneSumX platform to deliver compliance and scalability in the UK market

(IN BRIEF) Afin Bank has gone live with Wolters Kluwer’s OneSumX for Regulatory Reporting, enabling efficient and accurate submissions for COREP, FINREP, BEEDS, and PRA 110. The modular SaaS platform will expand in future phases to cover liquidity risk, IRRBB, … Read the full press release →

Sasha Wiggins to Lead UK Retail Investment Drive as Barclays Research Highlights £430 Billion in Untapped Savings

(IN BRIEF) Barclays’ Chief Executive of Private Bank and Wealth Management, Sasha Wiggins, has been named Chair of the UK’s new multi-year retail investment campaign, launched under the Leeds Reforms to boost retail investing and make the UK a top … Read the full press release →

FMO Secures Landmark €130 Million Loan to Propel QNB Leasing’s Green and Inclusive SME Financing in Türkiye

(IN BRIEF) FMO has arranged and led a €130 million syndicated A/B term loan to QNB Leasing—one of the largest syndications for a Turkish non-bank financial institution—bringing in CDP as a parallel lender and several B-loan investors (ResponsAbility, Global Climate … Read the full press release →

BBVA Channels €63 Billion into Green and Social Finance in H1 2025, Sets New Q2 Record

(IN BRIEF) In H1 2025, BBVA allocated around €63 billion to sustainability initiatives—a 48 percent rise year-on-year—including a record €30 billion in Q2 alone. Climate change and natural-capital projects accounted for 76 percent of the total, with social-impact ventures making … Read the full press release →

SIX and Pictet Complete Switzerland’s First Regulated Fractional Tokenization of Corporate Bonds

(IN BRIEF) SIX and Banque Pictet & Cie SA have completed a pilot project tokenizing EUR- and CHF-denominated corporate bonds on the SDX platform, then allocating fractional bond holdings to Pictet Asset Management SA portfolios via their custody bank accounts. … Read the full press release →

Lloyds Banking Group and Foundations Launch £4.2 Million Fund to Boost Financial Resilience Through UK Charities

(IN BRIEF) Lloyds Banking Group and its four charitable Foundations have introduced a £4.2 million Financial Resilience fund to reinforce UK charities supporting financially vulnerable individuals. Research shows 4.3 million people turned to charities for help in the last three … Read the full press release →

BBVA Mobilizes €27 Billion for Sustainable Development in Emerging Markets at FFD4

(IN BRIEF) At FFD4 in Seville, BBVA announced it had allocated €27 billion in 2024 to sustainable infrastructure, climate action, entrepreneurship, and financial inclusion in Mexico, South America, and Turkey—up 60 percent from 2023—while its Microfinance Foundation provided €1.5 billion … Read the full press release →

EuroPA and EPI Join Forces to Deliver Instant Pan-European Payments Across 15 Countries

(IN BRIEF) EuroPA and EPI have joined forces to explore a rapid interoperability solution that enables Europeans to conduct instant, cross-border payments using their existing mobile-wallet and digital-pay platforms. The study, covering person-to-person and commercial payments both online and at … Read the full press release →

Experian Powers OakbrookOne to Extend Fairer Debt Consolidation Loans to Previously Declined Borrowers

(IN BRIEF) Experian has enabled the launch of OakbrookOne in collaboration with Oakbrook, leveraging its ReFi™ technology to provide a streamlined debt-consolidation loan that delivers rapid approvals and same-day funding for over 40 percent of borrowers. Since late 2024, the … Read the full press release →

Lloyds and Mercore Pioneering Digital Trade Finance with Landmark Secondary Market Transactions

(IN BRIEF) Lloyds and Mercore have completed a series of landmark digital transactions involving the secondary participation in a digital bill of exchange (DBE), unlocking faster and more liquid trade processes. This innovative solution, powered by Enigio’s trace:original platform, streamlines … Read the full press release →

EBRD Clears Path for First-Ever Expansion into Sub-Saharan Africa and Iraq

(IN BRIEF) The EBRD has secured the necessary shareholder approval to amend its statutes and expand operations into select sub-Saharan African countries and Iraq. This move, set to take effect in three months, follows the approval of the amendment by … Read the full press release →

Data and Tech Lead the Way for British Businesses Amid Economic Challenges

(IN BRIEF) New research released during Credit Awareness Week reveals that British businesses face significant challenges from rising costs and economic uncertainty, with many turning to data and technology to enhance customer experience, streamline operations, and drive financial inclusion. The … Read the full press release →

EIB Group Bolsters Croatian Business Financing with €132 Million Guarantee Package

(IN BRIEF) The EIB Group has provided a €132 million guarantee package to Croatia-based Erste&Steiermärkische Bank d.d. to expand its lending to Croatian Mid-Caps, micro-entrepreneurs, and social enterprises. The package includes a €100 million guarantee from the EIB and €32 … Read the full press release →

EIB Partners with One World Media to Support Women’s Solutions Reporting Award

(IN BRIEF) The European Investment Bank (EIB) and One World Media (OWM) continue their partnership for the Women’s Solutions Reporting Award, recognizing media coverage that highlights the role of women in addressing global challenges. This award, part of the 2025 … Read the full press release →

EIB, EIF, and Santander Bank Polska Partner to Drive €5 Billion in Funding for Polish SMEs with Focus on Gender Equality

(IN BRIEF) The European Investment Bank (EIB), the European Investment Fund (EIF), and Santander Bank Polska have joined forces to launch a new synthetic securitisation agreement aimed at bolstering support for small and medium-sized enterprises (SMEs) in Poland, particularly those … Read the full press release →