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In Myanmar, Microfinance Stagnates Due to Tough Rules
The domestic microfinance industry is being held back by a number of constraints on funding, preventing more small-scale loans from being disbursed, according to industry insiders.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- lending, microfinance, regulations
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New Chinese Bank Becomes Major Headache for U.S.
Another day, it seems, brings another new member to China's latest big international initiative: a new development bank for Asia.
- Categories
- Uncategorized
- Region
- South Asia
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Indian Payments Company Oxigen Eyeing Up to $200 Million Expansion Drive
Payment solutions provider Oxigen is on a major expansion drive that includes hiring about 1,500 people and ramping up its payment network across semi-urban and rural India. The firm is also eyeing a large share of the remittances market and prepares the ground for launching a payments bank.
- Categories
- Uncategorized
- Region
- South Asia
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That Time a Hedge Funder Quit His Job and Then Raised $60 Million for Charity
Elie Hassenfeld had an enjoyable and lucrative career in finance. Then he discovered an unusual passion.
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- Uncategorized
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Four Major Banks Launch Branchless Banking Program in Indonesia
The Financial Services Authority (OJK), along with four of the nation’s largest banks, launched on Thursday a nationwide campaign on financial services without physical branches to help boost access to the banking system in rural areas.
- Categories
- Uncategorized
- Region
- Asia Pacific
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When Neighbours Quarrel: How M-Pesa Could Improve Tanzania-Kenya Relations
THE relationship between East African neighbours Kenya and Tanzania is a complex one, frequently eluding neat analysis, but two things reliably capture the prevailing spirit: tour vans and Kenya Airways.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Inter-American Development Bank Creates New Institution for Private Sector Operations
The Inter-American Development Bank is in the process of forming a new entity to handle its private sector activities, according to a bank employee with knowledge of the plans.
- Categories
- Uncategorized
- Region
- Latin America
- Tags
- impact investing
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Indian Microfinance Institutions Want RBI, Not Mudra Bank, as Regulator
Microfinance institutions (MFIs) are worried about the government's decision to set up the Micro Units Development and Refinance Agency, or Mudra Bank, to regulate them as there could be a conflict of interest. They want the Reserve Bank of India ( RBI) to continue as their regulator.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- microfinance, regulations
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