MICROCAPITAL BRIEF: International Finance Corporation (IFC), Arab Monetary Fund (AMF) Launch "Arab Secured Transactions Initiative" To Boost Lending To Small And Medium-Sized Enterprises (SMEs)

The International Finance Corporation (IFC), the private-investment arm of the World Bank Group, and the Arab Monetary Fund (AMF), a regional organization that supports economic development in the Arab world, recently launched the Arab Secured Transactions Initiative to encourage lending to small and medium-sized enterprises (SMEs). As part of the initiative, IFC and AMF will assess current collateral laws, suggest reform and create pilot programs to roll out the recommendations. In particular, the two organizations will address laws that prevent......... Continue reading here. Contact MicroCapital to receive a complete sample issue of the MicroCapital Monitor, the monthly microfinance newspaper.