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The Luxembourg Institute for Training in Banking (IFBL) and the non-governmental organisation ADA signed a partnership agreement on 12 February 2009, thus establishing the framework for new training courses in Microfinance for the Luxembourg banking sector. The first training courses were launched in May, and further courses are scheduled after the summer break. Being present at the signing of this partnership agreement in February, Jean-Louis Schiltz, then Minister for Development, Cooperation and Humanitarian Affairs, has confirmed his support to the IFBL and ADA, whose joint initiative has allowed for the creation of new synergies between the Luxembourg financial sector and development cooperation. Despite the Luxembourg financial centre’s manifest interest in Microfinance, the offer...
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