FINCA Microfinance Bank Limited announced a strategic partnership with Karandaaz Pakistan to expand responsible finance by enhancing delivery of digital financial services. The partnership will target women entrepreneurs engaged in micro and small-business activities.
News & Insights Related to Achievements
Banco FINCA Ecuador receives Smart Certification for its commitment to client protection
Since its launch in 1993, Banco FINCA Ecuador has been a leader in the country’s responsible finance sector. The Smart Campaign recognized Banco FINCA Ecuador for consistently upholding the highest client protection standards.
FINCA Malawi and KfW Announce USD 3.4 Million Subordinated Loan Facility
FINCA Malawi and KfW signed a USD 3.4 million debt facility. FINCA Malawi will use the facility to digitize and broaden its financial products and services.
FINCA Jordan Receives New Microfinance License
On December 20, 2017, FINCA Jordan received a microfinance license from the Central Bank of Jordan. It becomes the first microfinance institution to be fully licensed and regulated by the Central Bank under licensing requirements introduced in April 2016.
FINCA Microfinance Bank in Pakistan issues $14 million USD bond offering
FINCA Microfinance Bank announced the registration of a USD 14 million bond, furthering its strategy to promote financial inclusion.
FINCA Kosovo Achieves Smart Certification for Client Protection
FINCA Kosovo, the country’s largest microfinance organization, announced it received the Client Protection Certification by Smart Campaign.
FINCA Bank Georgia Receives Smart Certification for Client Protection
FINCA Bank Georgia announced it has received Client Protection Certification by the Smart Campaign, a global initiative that certifies the adoption of high ethical standards in the treatment of clients in the microfinance industry.
FINCA Kyrgyzstan Certified by the Smart Campaign
FINCA Kyrgyzstan is pleased to announce its Client Protection Certification by the Smart Campaign, a global initiative promoting the adoption of high ethical standards in the treatment of clients in the micro financing industry.
FINCA Georgia Becomes a Bank
FINCA Georgia’s more than 45,000 current clients will now be able to access savings products, as will other Georgians who may not have a safe place to save.
FINCA Tanzania Becomes Regulated Financial Institution
FINCA Tanzania has become the first microfinance institution in the country to transform from a non-regulated organization to an entity regulated by the Bank of Tanzania. This change in status will make it possible for even more Tanzanians living in rural areas access to formalized banking services.
Final Funding Announced for FMH
FINCA International (FINCA), one of the world’s largest microfinance organizations with more than 25 years of proven success, confirmed that final funding is in place for its new subsidiary FINCA Microfinance Holding Company LLC (FMH).