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China Encourages Businesses to Help Poverty Alleviation
China is encouraging more private businesses to join its ambitious poverty reduction campaign, pledging tax breaks and financial support.
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- Uncategorized
- Region
- South Asia
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Metlife Foundation And Verb Announce Launch of “Inclusion Plus” Competition to Accelerate Financial Inclusion Across India
MetLife Foundation and Verb announced the launch of the global innovation competition “Inclusion Plus” in India, today.
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- Uncategorized
- Region
- South Asia
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India to Redefine ATMs as Bank Branches
The Reserve Bank of India has moved to redefine ATMs in remote rural areas as bank branches, to counteract the decline in traditional full-feature outlets and improve financial inclusion.
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- Uncategorized
- Region
- South Asia
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Myanmar Startup Takes on Moneylenders With Short-Term Microfinance Loan Options
Debt is a huge problem in Myanmar. Data is scarce, but in many poor communities on the outskirts of Yangon experts believe the majority of households are in debt.
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- Uncategorized
- Region
- South Asia
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Microfinance boom catches attention of private banks in India
Private banks are making acquisitions or buying stake in MFIs to tap their growing customer base, retail lending potential.
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- Uncategorized
- Region
- South Asia
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Ban Announces Launch of New Partnership Platform to Support Financing for Sustainable Development Goals
Announcing the launch today of a new platform for scaling up innovative finance solutions to support the achievement of the Sustainable Development Goals (SDGs) by 2030, United Nations Secretary-General Ban Ki-moon said the initiative can help in identifying and piloting innovative finance instruments that can drive investment and support well thought-out SDG interventions.
- Categories
- Uncategorized
- Tags
- financial inclusion, SDGs
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Asian Development Bank partners with Citi to provide US$100 million for microfinance in Asia
Asian Development Bank (ADB) has entered into an agreement with Citi to expand local currency lending to the microfinance sector under the Microfinance Risk Participation and Guarantee Program.
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- Uncategorized
- Region
- South Asia
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Survey: Multiple microloans making borrowers highly indebted in Indonesia
Fifty-nine percent of micro borrowers may be indebted as they face difficulties managing their finances to repay their mounting loans, according to a recent survey conducted in four cities in West Java.
- Categories
- Uncategorized
- Region
- Asia Pacific
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