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Viewpoint: COVID-19 Could Deliver Positive Changes to Emerging Markets
Emerging markets (EM) are at a crossroads. The impact of COVID-19 aggravates pre-existing challenges. But it also enables those EM economies that respond effectively to create better conditions for the future.
- Categories
- Coronavirus
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Viewpoint: First Summit of Global Development Banks Must Deliver on Ending Fossil Fuel Finance
Governments worldwide plan to produce 120% more oil, gas and coal by 2030 than is compatible with 1.5C warming limit - supported by huge volumes of public money
- Categories
- Energy, Environment
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Press Release: Careem, Visa, Sign Partnership to Accelerate Cashless Payments and Digital Financial Inclusion Across MENA
Visa push payment services will be available on the Careem Pay Super App for Captains to make low-cost money transfers.
- Categories
- Finance, Technology
- Region
- North Africa & Near East
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Digital Financial Services Policy Aims to Power Digitisation Trend in Ghana
Barely 15 years ago, financial services in Ghana were the preserve of banks and other institutions licensed by the central bank.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Bangladesh Faces a Crisis in Remittances Amid COVID-19
The economic importance of the more than 10 million migrants from Bangladesh who sent close to $18 billion in 2019 cannot be overstated. International remittances normally represent around 7% of Bangladesh’s GDP. But the COVID-19 pandemic is having an acute effect on Bangladeshi migrants abroad, who are largely concentrated in countries with strict lockdown measures. Considering the large volume of Bangladeshi migrants in the Middle East, secondary economic impacts through depressed demand and falling oil prices will also likely add strain to the flow of remittances.
- Categories
- Coronavirus, Finance
- Region
- Asia Pacific
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Fintech Funding in Asia Suffers Under Coronavirus Impact
A lack of mega funding rounds and India heavily scrutinizing inbound capital have made for a dramatic quarterly drop for fintech funding.
- Categories
- Coronavirus, Finance, Technology
- Region
- Asia Pacific
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Viewpoint: Central Banks Must Connect Climate Change and Financial Inclusion
Johanna Nyman is head of Inclusive Green Finance at the Alliance for Financial Inclusion. Eric Zusman is research leader at the Institute for Global Environmental Strategies and researcher at the National Institute for Environmental Studies.
- Categories
- Environment, Finance
- Region
- Asia Pacific
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With 61% of Loan Book Tied up in High-Risk Microcredit, Bandhan Bank Feels the Heat of Coronavirus Lockdown
The nationwide lockdown to fight COVID-19 presents a major crisis for banks with high exposure to the microcredit segment. With many small businesses on the verge of shutting down, loan repayments may stop.
- Categories
- Coronavirus, Finance
- Region
- South Asia
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