Access to Finance

IFC Advisory Services launched a $9.6 million initiative, jointly funded by donor partners, to help crisis-affected financial institutions with small and medium enterprise banking, housing finance, microfinance, and leasing.

The initiative, which is expected to raise $40 million over three years, also focuses on risk management, distressed-asset management, and financial infrastructure.

IFC also is coordinating a World Bank Group effort to support the G-20 development agenda and provide actionable recommendations to foster access to finance by small and medium enterprises.

For more information on the advisory response, e-mail advisoryservices@ifc.org.