The fourth snapshot in the Covid-19 CGAP-Symbiotics series is availableWednesday 28th, July 2021
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
Press release: Symbiotics launches Green Bond in Sri Lanka with Seylan BankWednesday 28th, July 2021
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,
Press release: Symbiotics launches first 100% agricultural Green Bond in India with SamunnatiTuesday 27th, July 2021
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 impact management process is aligned with the Operating Principles for Impact ManagementThursday 22nd, July 2021
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
Press release: FMO invests USD 10 million in the Regional MSME Investment Fund for Sub-Saharan Africa (REGMIFA)Wednesday 21st, July 2021
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
Press release: The final report on SME Finance Loans for Growth Impact showcases the results of a four-year collaboration between Symbiotics, UBS and SECOTuesday 20th, July 2021
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
MicroFund for Women supports microentrepreneurs during COVID-19 pandemicWednesday 9th, June 2021
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
Press release: Symbiotics arranges a Sustainability Bond in Armenia with AraratBank for USD 14.5 millionTuesday 8th, June 2021
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
Press release: Symbiotics launches the first Sustainability Bond in Georgia with MFO Crystal for USD 5 million in local currency equivalentMonday 17th, May 2021
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
The third snapshot in the Covid-19 CGAP-Symbiotics series is availableWednesday 28th, April 2021
This latest update confirms that the microfinance sector remains resilient and on its way to a cautious and gradual recovery, but the pace depends on type of institution, region, and capital buffers.
Read the latest snapshot with a spotlight on Latin America: Snapshot: MFIs During the Crisis – Ap
Press release: IFU and Symbiotics provide USD 22.5 million in financing to develop financial inclusion in Africa through a multi-currency bondThursday 22nd, April 2021
The Investment Fund for Developing Countries (IFU) established by the Danish Government has partnered with Symbiotics to provide debt financing to between 15 and 20 financial institutions in Africa through a multi-currency impact bond. The main impact objective of this investment is to foster develo
Press release: Symbiotics launches Tameo, an independent spin-off focusing on enhancing impact funds with support servicesThursday 22nd, April 2021
Symbiotics is pleased to announce the launch of Tameo Impact Fund Solutions, a new company offering reference products to impact investors and fund managers, centered around research solutions (surveys, indexes, benchmarks, publications), impact solutions (labelling, reporting, measurement, verifica
Joint interview – Roland Dominicé & Jonathan Normand: Symbiotics becomes a B Corp™Thursday 15th, April 2021
Joint interview with Roland Dominicé, CEO of Symbiotics and Jonathan Normand, founding Director of B Lab Switzerland.
Symbiotics is one of the pioneering and leading actors in the field of impact investing. Could you please tell us a little bit more about the company?
Roland Dominicé: We sta
Press release: Symbiotics becomes a Certified B Corporation®; rated among the highest in SwitzerlandThursday 15th, April 2021
Symbiotics is proud to announce that the firm has completed the process to become a Certified B Corporation®, joining a global community of companies assessed on the highest standards of social and environmental performance and ethical business practices.
Symbiotics was certified by the non-profit
Symbiotics won the Award for innovation – bond structure (green bond) category in Environmental Finance’s 2021 Bond AwardsWednesday 31st, March 2021
We are delighted to announce that the Green bond we structured for Pan Asia Pan Asia Banking corporation in Sri Lanka, for a total volume of LKR 1.42 billion (USD 7.75 million), won the Award for innovation – bond structure (green bond) category in Environmental Finance’s 2021 Bond Awards.