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Habib Bank (HBL) is expected to enter the microfinance banking segment by acquiring Pakistan’s second largest microfinance bank in terms of the value of savings, according to a regulatory filing by the country’s biggest commercial bank on Thursday.
Pakistan’s Largest Conventional Bank is Expected to Enter the Microfinance SectorNews
The World Health Organization (WHO) had avoided declaring Ebola as an international emergency for about two months partly due to political reasons since the outbreak of the disease started last year, documents and internal emails obtained by the Associated Press (AP) showed. The organization had earlier accepted that it was slow in its response to the disease, which has killed over 10,000 people so far. It had blamed the contagious and mutating nature of the virus for the outbreak.
World Health Organization Delayed Declaring Ebola an Emergency for 2 MonthsBlog Post
Entrepreneurs who can deliver high-quality basic services on the cheap are rushing to meet the pent-up demands of Brazil’s 112 million lower- and middle-class consumers. Those entrepreneurs can tap a new source of capital: impact investors - including one backed by JPMorgan Chase and the Omidyar Network - focused on the huge population of Brazilians who make under $10,000 a year.
Reaching ‘an Emerging Market Within an Emerging Market’: JPMorgan Chase and Omidyar back new impact fund aimed at Brazil’s middle classBlog Post
This week, Ethiopia is celebrating a significant milestone: One of the country’s largest flour mills, ASTCO, is launching the nation’s first mass-market fortified flour. ASTCO is one of more than 150 companies that have participated in training sessions with Partners in Food Solutions. The organization’s CEO explains why he’s excited about the possibilities.
Micronutrients with Macro Impact: The first fortified flour launches in Ethiopia, a boon for the country’s health and its economyBlog Post
Discussion of the six recent microcredit RCTs has followed two general tracks. Within the sector, it has focused on how the studies can be used to improve products and social impact. But outside the sector, it has focused on how microcredit hasn’t lived up to the hype. Both of those currents came to the fore in our Q&A with Dean Karlan, President and Founder of Innovations for Poverty Action.
‘This isn’t what we had once hoped it would be … so what should we do?’: Dean Karlan discusses the influential new studies on microcredit’s social impactBlog Post
Microinsurance is not the primary solution to solving the HIV/AIDS crisis. But in the absence of universal health care and access to antiretroviral drugs, the author says, it can play a vital role in managing existing cases, providing anti-retroviral therapy for those with limited access and addressing hospitalization needs.
NexThought Monday – Relieving the Burden: The role of microinsurance in financing HIV careNews
State-owned Bank Negara Indonesia (BNI) is preparing to expand its electronic money (e-money) service to increase low-cost funds as well as to offer wider banking access.
State-Owned Bank Negara Indonesia Prepares to Launch Branchless Banking ProgramBlog Post
In a typical week, the Twitter machine produces about 3.5 billion tweets. Some of them actually contain useful information ... like the ones in our weekly Twitter Top 10.
Twitter Top Ten – 3/15/15
