IFC and Demica to unlock $9.8 billion for distributors in emerging markets LeapRate

Paxos teams up with bitcoin payment service BitPay

October 01, 2018 BY Valentina Kirilova

IFC and Demica to unlock $9.8 billion for distributors in emerging markets

IFC, a member of the World Bank Group, and Demica, a capital financial technology firm, have announced a new partnership that will help unlock as much as $9.8 billion in annual financing for suppliers and distributors in emerging markets—particularly small and medium enterprises. In addition, IFC participated in Demica’s $25 million second round financing that…

June 08, 2018 BY Valentina Kirilova

IFC and MAS to accelerate growth of green bond asset class in Asia

IFC, a member of the World Bank Group, and the Monetary Authority of Singapore (MAS) have announced that they have today signed a Memorandum of Understanding (MOU), agreeing to work together to accelerate the growth of green bond markets in Asia. The MOU marks the start of a closer collaboration between MAS and IFC to…

March 31, 2015 BY Mike Fox

Bank of America, Citi Bank, HSBC may set up offshore branches in India's new IFC GIFT City

Bank of America, Citi Bank and HSBC are interested in setting up offshore branches in India’s first international financial services centre (IFC) in Gujarat. AK Jha, CEO of the forthcoming GIFT City in India’s north was quoted as conveying to the Economic Times of India. "All Indian banks that have offshore branches are willing to…

Tag: IFC