As fintechs are part of a dynamic financial sector and often cooperating with traditional banks and microfinance institutions, the bootcamp will provide a good platform for partnering financial institutions of EFSE
and SANAD to meet and exchange with fintechs to discuss potential for cooperation in the EFSE
and SANAD countries to advance financial inclusion.
has 69 partner credit institutions in 15 countries including Macedonia.
The new loan agreement with EFSE
will allow Inecobank to increase the volume of loans provided to micro and small
Board Chairman Christoph Tiskens said: Our cooperation with ProCredit Bank has proven to be an efficient joint effort in supporting small and medium Ukrainian businesses and their sustainable growth in a responsible way.
The annual meeting of EFSE
would be held in Ohrid on 8-10 June at which responsible financing will be the main topic.
FRANKFURT AM MAIN, Germany and SARAJEVO, Bosnia and Herzegovina -- A conference on responsible finance, hosted by the Central Bank of Bosnia and Herzegovina and organised jointly with KfW Entwicklungsbank (Development Bank) and the microfinance investment fund EFSE
, was held today in Sarajevo, Bosnia and Herzegovina.
The loan from EFSE
, denominated in local currency, will allow us to serve more clients, in particular in rural areas, without exposing them to foreign exchange risks.
A new permanent crisis mechanism, the European Stability Mechanism (ESM) will be set up in the Euro Area in mid-2013, following expiry of the EFSE
The ESM will be able to provide assistance to Euro Area member states in financial distress, conditional on the implementation of a strict economic and fiscal adjustment programme, in line with existing arrangements.
puts great emphasis on being a responsible investor, promoting responsible lending practices in our target region", Maurer continued.
The National Bank of Georgia also presented two new EFSE
DF-sponsored brochures that explain home ownership and foreign currency borrowing for small businesses.
The EFSF lending rates agreed for Greece are also to be applied to Ireland and Portugal within the context of the EFSE
Media representatives are invited to attend the conference on Responsible Finance and other cutting-edge topics in development finance, including reception and dinner, to be held during the EFSE
Annual Meeting 2008 from May 6-8, 2008 in Sibiu, Romania.