OFID and the IIC sign US$30 million agreement with Banco Ficohsa for development of Honduran SMEs

OFID and the Inter-American Investment Corporation (IIC) have signed a joint agreement to grant a subordinated loan to Banco Ficohsa of up to US$30m to expand financial services for small- and medium-sized enterprises (SMEs) in Honduras.

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OFID extends emergency assistance in aid of Syrian refugees

OFID has approved an emergency assistance grant in support of aid operations being carried out by Islamic Relief Worldwide (IRW). Grant proceeds will be used to procure and distribute 2,000 winter kits, benefiting over 12,000 individuals.

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