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Indonesia to Unleash Loan Funds as Micro-lending Rates Cut
Indonesia wants to unleash 30 trillion rupiah ($2.3 billion) of new loans for small businesses and halve some bank micro lending rates to help revive an economy running at its slowest pace in five years.
- Categories
- Uncategorized
- Region
- Asia Pacific
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After five-year hiatus, mutual funds turn to investing in India’s microfinance companies
Mutual funds have started investing in debt issuances of microfinance companies after a five-year hiatus.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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Six ways to move money in India
A look at ways to make payments, based on convenience, cost efficiency and usage.
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- Uncategorized
- Region
- South Asia
- Tags
- digital payments
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Scholarships for savings: Nigerian bank uses incentives to advance financial inclusion among students
First Bank Plc has put in place a set of incentives, including scholarships, that would encourage young Nigerians, particularly students, to voluntarily embrace savings culture and by extension, help drive financial inclusion.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Humanitarian Disasters are Getting Worse – Can Cash Transfers Get Better?: Navigating the challenges of e-transfers
It’s not your imagination: natural disasters are getting worse. Humanitarian agencies often respond with cash transfers, and many are now exploring digital options to get these funds to recipients more quickly and securely. We spoke with Sara Murray of the E-Transfer Learning Action Network and Rosa Akbari of the International Rescue Committee about the challenges and opportunities of this new approach.
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- Uncategorized
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Sending money out of South Africa set to become easier and cheaper
An exemption to a financial intelligence law will reduce the cost and lessen the bureaucracy involved in transferring cash across the border.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Kenya’s largest bank signs up 1.8 million mobile banking customers since March
Kenya's biggest bank by assets, KCB, has signed up 1.8 million customers for its mobile phone-based service since it was launched in March and is on target for 10 million users within a year from now, its chief financial officer said.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Postal bank coming soon to India, say officials
India’s massive postal network is likely to turn into payment banks by late next month, reaching out to the unbanked section of the society under Prime Minister Narendra Modi's Jan Dhan programme.
- Categories
- Uncategorized
- Region
- South Asia
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