MIGA COVID-19 Response

MIGA’s first guarantee covering excess cash reserves will promote financing for micro, small, and medium businesses; climate projects.

MIGA guarantee supports increased ABA lending capacity for MSMEs as they recover from the effects of COVID-19.

Guarantee provided to NLB will shore up micro, small, and medium businesses and promote climate finance.

Guarantee provided to BBVA will help finance the improvement and expansion of public hospitals, labs and clinics, the upgrade of medical information system, and the purchase of over 100 ambulances.

Small businesses in North Macedonia struggled to make ends meet during the COVID-19 pandemic lockdowns. As the country opened, companies looked to green their business operations and relied on banks, like ProCredit Bank,...

ProCredit, a German “Hausbank,” used MIGA guarantees to help businesses in Eastern Europe and the Balkans stay afloat amid COVID-19. Better yet, capital freed up through MIGA cover backed loans for renewable energy.

In FY21, 25 percent of MIGA issuances were in low-income countries and fragile settings, 26 percent in support of climate finance, and $5.6 billion in COVID-19 relief to date.

Credit guarantees issued for modernization effort that includes increased bed capacity for COVID-19 patients and new equipment. Small businesses hit by pandemic and Hurricane Dorian to also benefit.

MIGA $6.5 billion COVID-19 Response Program helps investors and lenders tackle COVID-19 pandemic and support a green, resilient, and inclusive recovery in developing countries.

MIGA guarantees would free up capacity on the bank's balance sheet to support loans to SMEs, the backbone of the country's economy.

Amid backdrop of COVID-19, MIGA guaranteed capital will be allocated toward climate finance lending in Eastern and Southeastern Europe.

MIGA guarantee will free up capacity equivalent to about €62 million that Alpha Bank can in turn use for loans to struggling MSMEs that are crucial to Albania’s economic recovery.

MIGA guarantees will enhance the Panamanian Bank’s ability to provide lending for mortgages and small enterprises.

First-of-its-kind credit enhancement to strengthen resilience of Eastern and Southern African Trade and Development Bank and its member countries