A new guide providing practical assistance when developing or enhancing compliance programs may help lower integrity risk, a key hurdle for some foreign investors looking to work with banks in the region.
Paraguay has a unique opportunity to position itself in the global market and seek its first thematic bond. With the upcoming UN Climate Change Conference, COP28, just around the corner, the time has come to make this a reality.*
Subordinated bonds can extend financing to the real sector and priority segments, such as small- and medium-sized enterprises, women entrepreneurs, and green projects that contribute to climate change mitigation and adaptation.
As some of Mexico’s alternative credit providers have fallen from grace, others have emerged and lessons have been learned by new and existing players in the non-bank financial sector, creating opportunities for growth in multiple segments.
Access to digital transactions leads to the financial inclusion of the unbanked, underbanked and vulnerable populations, while boosting the resilience and growth of micro, small and medium-sized businesses.
Thematic bonds—and transparently measuring and reporting their impact—are a powerful tool for mobilizing resources and deepening financial inclusion for microenterprises within the most vulnerable groups of society who have yet to be served by the financial sector.