IFC and National Bank of Samoa partner to develop new banking products, expand financial inclusion in Samoa

The National Bank of Samoa (nbs) is developing a suite of new banking products that would benefit women entrepreneurs and improve remittances in Samoa with the support of IFC and the New Zealand Government. The new products include tailored financial offerings for women entrepreneurs and a remittance product designed specifically […]

While we know that micro, small, and medium businesses (MSMEs) are at the heart of the Pacific economy, many lenders consider them too risky for loans. They are seen as lacking collateral, having poor financial records, and being overly labour-intensive to monitor. Without access to finance, these businesses cannot grow. […]

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IFC and National Bank of Samoa partner to develop new banking products, expand financial inclusion in Samoa

Improving MSMEs access to finance

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