Financial Intermediary Lending

News & Updates

ANZ Declines to ‘Do the Right Thing’ for Displaced Cambodian Farmers

Statement by Inclusive Development International and Equitable Cambodia for the ANZ Banking Group Annual General Meeting    (December 18, 2018) – ANZ Banking Group violated its own policies and international human rights standards by financing a Cambodian sugar company that

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ANZ bank issued rare rebuke by Australian oversight body

(October 11, 2018)— ANZ Banking Group violated its own policies and international human rights standards by financing a Cambodian sugar company that seized land from local farmers, according to a statement released today by an Australian government body that monitors

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Civil society welcomes IFC’s moves to exclude coal in its financial intermediary lending

(October 8, 2018, Bali) – Civil society groups from around the world today welcomed news that the World Bank’s private sector arm, the International Finance Corporation (IFC), has taken significant steps to vastly reduce its exposure to coal through new

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Thai court accepts Cambodian land grabbing case, orders mediation

(September 5, 2018, Bangkok) – A Thai court has accepted a landmark lawsuit filed by plaintiffs representing a class of over 700 Cambodian farming families accusing Asia’s largest sugar producer of grabbing their land and destroying their livelihoods. In line

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Experts call on Supreme Court to reverse decision protecting IFC’s absolute immunity

(August 2, 2018, Washington, DC) – On Tuesday, nine NGOs and experts filed an amicus brief before the US Supreme Court in support of the Indian fishing communities and farmers who are challenging the International Finance Corporation (IFC)’s claim to

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Liberian communities harassed after calling on banks to halt $1.5 billion loan to Wilmar over land grabbing and human rights concerns

(July 25, 2018) – Commercial banks that were lining up to join a $1.5 billion syndicated loan for the palm oil giant Wilmar International are apparently reconsidering the deal due to concerns about land grabbing and other human rights abuses connected

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