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REPORTS

INSTITUTION	REPORT	COUNTRY	AREA	GRADE	LANGUAGE	ISSUE DATE
Lovcen Banka	Financial Rating	MONTENEGRO	ECA (NON-EU COUNTRIES)	BBB Stable	English	August 2019
Tamweelcom	Client Protection Certification	JORDAN	MENA	Certified	English	July 2019
Avanza Sólido	Social Rating	MEXICO	LAC	BB-	Spanish	July 2019
Avanza Sólido	Financial Rating	MEXICO	LAC	BB+	Spanish	July 2019
FMC Finance (Private) Ltd	Financial Rating	ZIMBABWE	SSA	BB Stable	English	July 2019
Mibanco	Social Rating	PERU	LAC	A-	Spanish	July 2019
Banco Solidario	Social Rating	ECUADOR	LAC	A	Spanish	July 2019
Banca Popolare Etica	Financial Rating	ITALY	EU	BBB+ Stable	Italian	July 2019
Banca Popolare Etica	Social Rating	ITALY	EU	A	Italian	July 2019
MDO Humo	Financial Rating	TAJIKISTAN	ECA (NON-EU COUNTRIES)	BBB+ Stable	English	July 2019

July 15, 2019

Congratulations to Lovćen Banka #Montenegro for their Financial Rating with MFR! 👏👏👏 Visit https://t.co/9eZU4Ovtxa… https://t.co/MMrEPkmYRJ - 1 week ago

The @GSMAMobileMoney Certification: a global tool to counter “de-risking” #mobilemoney | Mobile for Development https://t.co/h6PDa4atAQ - 1 week ago