The multilateral European Bank for Reconstruction and Development (EBRD) recently agreed to provide a two-year loan in local currency equivalent to USD 15 million to the Uzbekistani bank Uzpromstroybank (UzPSB) for on-lending to small and medium-sized enterprises (SMEs) in the country. Contingent on the performance of the wholesale loan, EBRD is planning to
Tag: Central Asia
MICROFINANCE EVENT: 3rd CIS Islamic Banking and Finance Forum; March 14-16, 2023; Tashkent, Uzbekistan
This event offers a one-day summit on March 14 and a two-day workshop on March 15 and 16, all with the aim of promoting Islamic finance in the 10 member countries of the Commonwealth of Independent States (CIS). The summit offers sessions titled Islamic Finance and Financial Inclusion; Investment
MICROFINANCE WRAP-UP: “Resilience: COVID-19 Crisis Through A Migration Lens;” Published by Global Knowledge Partnership on Migration and Development (KNOMAD)
This brief provides an overview of recent trends in migration and remittances globally. Overall, remittances to low- and middle-income countries (LMICs) remained relatively stable through the onset of the COVID-19 pandemic, decreasing from USD 548 billion in 2019 to USD 540 billion in 2020. Many countries used “counter-cyclical fiscal policy” to stimulate their economies, which
MICROFINANCE EVENT: Sustainable Finance Forum: Eastern Europe, Caucasus & Central Asia; March 11-12, 2020; Kyiv, Ukraine
The goal of the Sustainable Finance Forum is to catalyze investments for “sustainable” development in the region by bringing together banks, microfinance institutions, project sponsors and investors that are committed to creating a
MICROFINANCE EVENT: 9th Annual Uniglobal Central Asian and Caucasus Microfinance Forum; October 3 – 4, 2019; Tbilisi, Georgia
This conference will focus on “transparency, regulations, transformation of [the] microfinance industry, social reporting standards, investment, risk and asset management, and innovation” in the Central and Western Asia. Sessions will cover topics including