Annual Report 2023: Fostering inclusive growth with catalytic finance
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The global landscape is marked by both vulnerabilities and opportunities. The COVID-19 pandemic, followed by economic recessions, has hindered development and widened gender gaps in many low- and middle-income countries. Despite these challenges, positive trends are emerging in inclusive finance, including the expansion of the digital economy, growing demand for climate-related impact investments, and the development of public-private partnerships aimed at improving the delivery of financial services to underserved populations.
“Amidst numerous crises in recent years, adaptability is crucial. Embracing change as the only constant empowers us to evolve and remain relevant in uncertain times. With SCBF’s strategic pivot, we accelerate efforts to make a positive impact.”
Since its’ inception in 2011, SCBF has been working with industry leaders and financial sector partners to help bridge the financial, protection and gender gap by providing catalytic finance delivered through a unique platform that leverages and blends public and private resources for expanding financial inclusion.
Since then, SCBF has accomplished considerable progress, benefiting 4.9 million end-clients (60% women) through tailored financial solutions. Over the years it has funded over 211 projects across 50 countries, by supporting 150 financial sector partners and 71 technical assistance providers.
SCBF is committed to working with its partners to support financial service providers and high-impact social enterprises in innovating, scaling, and maintaining sustainability.
Read the Annual Report:
Here’s ‘SCBF at a glance since 2011 till 2023’
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