News

Symbiotics, the leading market access platform for impact investing, has arranged a USD 6.75 million Sustainability Bond for ACBA Bank OJSC (“ACBA”).

This represents a landmark transaction for the only cooperative bank present in Armenia. ACBA has committed to use the proceeds of the Sustaina

Source: Option Finance (in French)

Source: Allnews (in French)

Source: Sustainable Finance Geneva (SFG)

With the Covid-19 pandemic affecting every industry in the world, including the microfinance sector, Symbiotics and CGAP have partnered to publish a series of briefs that explore how Covid-19 has affected the microfinance sector based on Symbiotics’ data and our analysts’ expertise. Four briefs that

Symbiotics, the leading market access platform for impact investing, has arranged a USD 6.25 million and VND 234 billion (USD 10.1 million) Green Bonds for EVNFinance.

EVNFinance, a Vietnamese non-bank Financial Institution regulated by the State Bank of Vietnam and listed on the UPCoM Stock exch

This latest update confirms that global microfinance recovery continues, especially in Africa, but pandemic’s longterm impact remains uncertain.

Read the latest snapshot : Snapshot: MFIs During the Crisis – July 2021

About this snapshot
This snapshot is part of a series published by CGAP an

Symbiotics, the leading market access platform for impact investing, has arranged a USD 15.1 million Green Bond for Seylan Bank PLC (“Seylan”).

Seylan will use the proceeds of the Green Bond for financing renewable energy projects within Sri Lanka, such as mini hydro power plants up to 25MW,

Symbiotics, the leading market access platform for impact investing, has arranged with Samunnati Financial Intermediation & Services Private Limited (“Samunnati”) its first Green Bond whereby the proceeds of USD 4.6 million in local currency equivalent are fully allocated towards climate sma

Symbiotics completed on 30 June 2021 its first independent verification demonstrating that its impact management process is aligned with the Operating Principles for Impact Management. The verification was conducted by Tameo Impact Fund Solutions.

The International Finance Corporation (IFC) launc

REGMIFA, the Regional MSME Investment Fund for Sub-Saharan Africa, has attracted a further USD 10 million from Dutch-based entrepreneurial development bank FMO. This additional funding will support the growth of Africa’s MSME sector and foster economic development through employment creation, inco

The fourth and final SME Finance Loans for Growth (LFG) impact report shows how SMEs in emerging and frontier markets benefit from access to finance, as well as how they were affected by the COVID-19 pandemic in 2020.

After four years of annual data collection, we find a positive relationship bet

Hassan Romani, Senior Investment Analyst, Europe, Central Asia & MENA 

With the pandemic hitting the Middle East in the first quarter of 2020, Jordan was one of the first countries to swiftly implement strict travel restrictions and to introduce both full and partial lockdowns. While these m

Symbiotics, the leading market access platform for impact investing, has arranged a USD 14.5 million Sustainability Bond for AraratBank.

Proparco, the private sector financing arm of Agence Française de Développement Group (AFD Group), has made a USD 5 million subscription to this Sustainabilit

Symbiotics, the leading market access platform for impact investing, has arranged the first Sustainability Bond ever issued in Georgia by raising USD 5 million in Georgian Lari equivalent for JSC MFO Crystal (“Crystal”).

The proceeds of the Sustainability Bond will be used to finance both Soc