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Triodos take on investments with a gender lens
Non Financial Services
Gender Finance
Covid-19
The COVID-19 pandemic has profoundly impacted many lives across the globe. In this blog we focus on women. Worldwide, the pandemic has hit women harder than men. Women run a higher risk of COVID-19 contagion due to their occupations in health-related activities. They are also overrepresented in jobs where social distancing has been more difficult...
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Fintech
Our member Raiffesisen Bank International’s Partnership Program Elevator Lab’s fourth round took place virtually in the second half of 2020. Elevator Lab had been selected as one of the “Best Financial Innovation Labs in 2020” by the Global Finance. The Lab aims at finding innovative fintech solutions and building mutually beneficial partnerships...
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Financial Inclusion
Our member Kabbage plans to expand on the work done by researchers from NYU Stern on the kind of lenders that had the highest minority share among their Payment Protection Program (PPP) loans. They will work on exploring the reasons behind the found correlation between the lender type and borrower race. The current research note focused on...
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Fintech
We are happy to share that our member Bitbond , Germany’s leading tokenization and digital asset custody technology provider, and Bankhaus von der Heydt (BVDH), one of Europe’s oldest banks, have joined forces to issue a Euro (EUR) stablecoin (EURB) on the Stellar network. The EURB stablecoin is the first stablecoin issued directly by a banking...
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Sustainable Finance
As the world reflects on progress on climate action since the Paris Agreement signing, it has been clear that action by small and medium-sized companies is essential for accelerating the transition to a net-zero emissions global economy. The SME Climate Hub has joined forces with Oxford University to provide small and medium-sized enterprises (...
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Covid-19
We are happy to share that our member U GRO Capital has recently entered into a strategic partnership with the Wadhwani Foundation, a global non-profit organization. The partnership between the two organizations will mutually benefit the micro, small and medium enterprises that are predominantly present in education, healthcare, hospitality,...
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Islamic Banking
We are happy to share that our member Islamic Corporation for the Development of the Private Sector’s (ICD) has established Finnovation Award to recognize, showcase and encourage financial institutions that provide an outstanding solution to the financial industry. Finnovation awards are a part of their new online platform “ Finnovation ” which...
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Operational Risk
Our member Afreximbank has taken the lead in creating a platform for Customer Due Diligence (CDD)/Know Your Customer (KYC) issues, with a special emphasis on African financial institutions and corporates. The platform referred to as Mansa will provide a single source of primary data required for performing customer due diligence checks on...
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Digital Financial Services
We’re delighted to share that our member Fern Software’s premier CRM and loans management system, FaaSBank is now used by over 50 community and SME lending organizations from coast to coast in Canada. FaaSBank was collaboratively designed with Community Futures Development Corporations (CDFDCs) in Ontario, Canada. User friendly and intuitive,...
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Fintech
COVID-19 has immensely changed the way we work. With an increase in reliance over online communication and remote work, there has also been an increase in security and data threat issues. Therefore, to meet the needs of modern-day digital challenges, our member Fern Software has partnered with Salesforce, one of the largest cloud-based software...
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Islamic Banking
One of the main goals of our member Islamic Corporation for the Development of the Private Sector’s (ICD) asset management department is to create an “Enabling Environment” for the growth of Islamic Finance and build “Partnerships” with the private sector to enhance resource mobilization. The SME Funds at Asset Management Department of ICD is...
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Covid-19
Our member Triodos Investment Management has shared an informative column on “How Covid-19 is changing financial inclusion,” by Frank Streppel, Head of Global Investments at Triodos IM. He is a seasoned impact investing specialist with more than 20 years of expertise. According to him, financial inclusion facilitates access to all other basic...
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Equity
Small and medium businesses have been some of the hardest hit in the COVID-19 pandemic. And all that has been as true in emerging markets as it has been for SMBs in the developed world. Tunde Kehinde has had a front-row seat witnessing and responding to that crisis. He’s the CEO and co-founder of our global member Lidya , a startup out of Nigeria...
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Equity
We are pleased to share that our member Triodos Investment Management through its Triodos Microfinance Fund and Triodos Fair Share Fund in collaboration with Germany’s GLS Bank and UmweltBank has acquired 78% of Opportunity Bank Serbia (OBS), which is a member of Opportunity International, a network of banks and microfinance organizations. Triodos...
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Sustainable Finance
We’re delighted to share that our member FinDev Canada has announced a USD 20 million loan support to FirstRand, one of South Africa’s leading financial institutions. The loan will add further financial capacity and assist in providing innovative lending solutions to FirstRand’s approximately 700,000 SME clients. Paulo Martelli, Director of...
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We’re pleased to share our member Islamic Corporation for the Development’s (ICD) valuable work from their Business Resilience Assistance for Value-adding Enterprise (BRAVE) Women Program. The project was fully funded by the Women Entrepreneurship Finance Initiative (We-Fi). The total amount of approved funding by We-Fi for the BRAVE Women...
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Sustainable Finance
We’re proud to share that our member FinDev Canada has announced a USD 10 million loan support to Colombia’s Business Development Bank (Bancóldex). Alongside IDB Invest, FinDev Canada’s financing will support Bancóldex’s COVID-19 emergency liquidity lending program, which will support SMEs severely affected by the pandemic in Colombia. Created in...
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Digital Financial Services
We all know that a lot has changed in 2020 as society gets used to the new routines; working from home or working on the front lines. Our member Fern Software is ready to enable this transition with a new platform that allows users to work from anywhere. Using AI technology to identify trends, they've embraced digital to the fullest with the...
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Trade Finance
We are delighted to share that our member HPD LendScape’s key client Allied Irish Bank (AIB) has completed a major technology initiative with the migration of its receivables finance operations to HPD LendScape’s fully cloud-hosted platform. The Cloud migration and software upgrade will allow the bank to easily scale up its offering and improve...
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Rural & Agriculture Finance
We are excited to share that our member The Arab Gulf Programme for Development (AGFUND) has announced that the nominations are now open for Prince Talal International Prize for Human Development for the year 2020 under the subject "Zero Hunger: Eliminating hunger, providing food security and improved nutrition, and promoting sustainable...