Department of Agriculture, Food and the Marine’s Post

❇ Released today: Learn more about new Guidelines for Sustainability-Linked Loans financing Bonds (SLLBs) ❇ ICMA Website: https://lnkd.in/e6pMn-pJ Developed jointly with the Loan Market Association (LMA), these guidelines define a dedicated bond instrument designed for issuers wishing to finance or re-finance a portfolio of eligible sustainability-linked loans (SLLs) aligned with the LMA’s Sustainability-Linked Loan Principles (SLLP). SLLBs may serve as an incentive to enhance the robustness of sustainability-linked loan structures in the market over the longer-term. #sustainablefinance #principles #ESG #environmental #sustainability #standards

Banks, get ready for a shift! 🏦💼 The Union Budget’s focus on MSMEs is forcing a much-needed overhaul of lending practices. With a staggering $530 billion credit gap and only 14% of small businesses having access to credit, it's clear that the current system is broken. 💔 Experts agree that banks need to revamp their approach to MSMEs, simplifying processes and understanding the unique challenges of these businesses. 💡 The new credit guarantee scheme and support for machinery purchases are steps in the right direction, but banks must also improve their assessment and financing capabilities. 📈 It's time for banks to step up and be real partners to MSMEs. Are you ready for the challenge? #MSMEs #banking #finance #credit #smallbusiness #economictimes #budget2024

The recent announcement of N125 billion in loans for MSMEs raises some important questions. With over 700,000 applications verified, how many of these get to the businesses that need them most? Such massive handouts often come with risks—misuse and inefficiency can dilute their impact. Instead of relying on these short-term fixes, the government should consider reintroducing business-friendly subsidies. These would offer more sustainable support, helping businesses grow and drive genuine economic progress. A shift towards long-term strategies would foster innovation and create real, lasting change. Federal Govt begins disbursement of N200b to 75 big firms, MSMEs - The Nation Newspaper (thenationonlineng.net)

I am please to share a short article on the most recent guidelines provided by the LMA for SLL LMA provides new guidance on external review process for Sustainability-Linked Loans https://lnkd.in/eAJ6nrGQ #sustainability #greenfinance #sustainabilityreporting #lma

The savings and credit cooperatives (SaCCos) directive covers the issuance of microinsurance products, in-kind collection of savings, the ratio of internal assets to distributed loans, and restrictions on allocating mobilised deposits to non-income-generating activities or long-term investments. The regulatory changes are part of a broader reform initiative led by the Ethiopian Cooperative Commission. #EthiopianCooperatives #SavingandCredits #Saccos #Ethiopia #Microfinance READ MORE: https://ow.ly/oAvs50QFASt

NCBA Group maintained its position as the undisputed leader in asset finance, with a market share of 34% in FY 2023. NCBA's asset financing disbursements increased from KES 14.9 billion in 2020 to KES 23.5 billion in 2023. Additionally, asset finance income grew from KES 4.4bn in 2020 to KES 5.9bn in 2023. #assetfinancing

RBI's Green Bond Initiative: Advancing Financial Inclusion #RBI #SovereignGreenBonds #IFSC #RBIRetailDirectScheme #SmallFinanceBanks #UPI #CBDC #FinancialInclusion #SustainableInvestments #greenfinance #upsc #ias #thebharatdatabase #currentaffairs #multiplechoicequestions #mocktest #mocktestpracticeset

📎 New Guidelines for #Sustainability-Linked Loans financing Bonds (#SLLBs) The SLLBG establish voluntary process guidelines that recommend transparency and disclosure and promote integrity in the development of the SLLB market by clarifying the approach for issuance of such type of instrument. Access it here: https://lnkd.in/e6pMn-pJ Loan Market Association (LMA), in collaboration with the ICMA - International Capital Market Association

Results-Based Financing (RBF): A Performance-Driven Approach. Results-Based Financing (RBF) is a strategic funding model where financial rewards are contingent upon the achievement of pre-defined results. Unlike traditional aid, which often relies on inputs or outputs, RBF focuses on outcomes and impact. By linking funding to specific, measurable results, RBF incentivizes innovation, efficiency, and accountability among implementing partners. How RBF Works. https://lnkd.in/dhaVuMHv

Yasfelgal Credit Guarantee Scheme (YCGS) aims to strengthen credit delivery system and to facilitate flow of credit to youths and the MSE sector, create access to finance for unserved, under-served and underprivileged, making availability of finance from conventional lenders to new generation entrepreneurs and dreamers. Our credit guarantee scheme (CGS) provides third-party credit risk mitigation to lenders through the absorption of a portion of the lender's losses on the loans made to SMEs and Youths in case of default. Yasfelgal Credit Guarantee Scheme fund works by serving as a guarantor for any collateral required for young entrepreneurs or youth-friendly enterprises to takeoff out loans to start up their businesses. The groups are also given business development and financial literacy training by our Partners. #CGS #creditguarantescheme #yasfelgalethiopia