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New IIF, CFI study shows banks’ contributions to financial inclusion
The study--based on in depth interviews of 24 banks in 19 countries--includes insights and innovative solutions to the business challenges of financial inclusion.
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Launch of the Mass Market Financial Inclusion Programme
In partnership with the MasterCard Foundation, Microcred Group, a digital finance group specialized in financial inclusion especially for micro-businesses and SMEs in Africa and China, launched the Mass Market Financial Inclusion Programme in the Ivory Coast, Senegal and Madagascar.
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Report: India’s PMJDY initiative narrowing gender divide in financial inclusion
PMJDY has played a crucial role to cover more Indian women under the financial inclusion folder with as many as 47 per cent of them possessing the basic bank account under the scheme, a report study said today.
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- South Asia
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MasterCard Commits to the Inclusion of 40 Million Micro and Small Merchants
To date, financial inclusion has been predominantly centered on providing the underserved and the unbanked with tools and transaction accounts. This remains a critical need with two billion unbanked people, the majority of whom are women, forced to operate in a cash economy.
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FINCA Mexico Awarded Smart Certification for Keeping Clients First
Today, Financiera FINCA, S.A. de C.V. SOFOM E.N. R (FINCA Mexico), a leading microfinance organization, announced it received Client Protection Certification by the Smart Campaign recognizing its strong ethical standards on client care and protection.
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- Latin America
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Rapid growth of MFIs’ gross loan portfolio sets alarm bells ringing in India
Microfinance companies extended heavier loans to their customers in the last financial year, data showed, raising concerns the sector that emerged from a crisis not far ago may be growing too fast yet again for its own good.
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Press Release: Accion Welcomes Raza Dean and Nick Talwar to Its Board of Directors
"We are thrilled to welcome Raza Dean and Nick Talwar to the Accion Board of Directors," said Accion Board Chair Diana Taylor. "Both individuals bring unique and extensive experience in the financial services industry."
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Deposits up 118 percent over 21 months in India’s Jan Dhan financial inclusion program
The average deposit per account under the Pradhan Mantri Jan Dhan Yojana (PMJDY) - a financial inclusion programme launched by Prime Minister Narendra Modi in August 2014 - increased 118 per cent from Rs 795 in September 2014 to Rs 1,735 in May 2016, according to IndiaSpend analysis of government data.
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- Uncategorized
- Region
- South Asia
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