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Micro-insurance On the Up Among Insurers and Public
While insurance penetration in general remains low, micro-insurance has seen significant growth as more banks partner with insurance firms to offer micro-insurance products to low-income earners.
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- Uncategorized
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- South Asia
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Financial Inclusion and SMEs Set to Soar in Ghana
Financial and insurance activities are expanding at roughly twice the pace of the overall economy and just 30 per cent of the population are formally banked, so industry leaders have good reason to be optimistic about the country’s financial services future.
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- Sub-Saharan Africa
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Weekly Roundup, 11/22/14 – Going Postal: Is postal banking a key to financial inclusion?
The U.S. Postal Service is losing some $5 billion a year. Bank branches are closing throughout low-income and rural areas. Could both problems be solved by converting the Post Office into a bank? Many countries in the developed and developing world have already done it. We highlight two opinions on whether the U.S. should follow suit in this Roundup.
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LeapFrog Set To Acquire East African Health Insurance Firm For $18m
LeapFrog Investments and Resolution Insurance announced today, that LeapFrog intends to invest $18.7 million for a majority stake in Resolution Insurance,through its holding company, Resolution Health East Africa Limited.
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- Health Care
- Region
- Sub-Saharan Africa
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Tanzania Leads Africa in Financial Inclusion
TANZANIA is the first country in Sub-Saharan Africa and ninth globally for demonstrating most conducive environments for financial inclusion, according to the new Global Microscope 2014 by The Economist Intelligence Unit.
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- Sub-Saharan Africa
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Pakistan turns to biometrics for banking
Pakistan’s central bank has revealed it will implement biometric technology for identity verification developed by the country’s National Database and Registration Authority.
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- South Asia
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PRESS RELEASE: CFSI Identifies Household Cash Flow as the Focus for its First Innovation Challenge
The Financial Solutions Lab at the Center for Financial Services Innovation (CFSI) today announced that household liquidity, the management and alignment of income and expenses, will be the focus of its first innovation challenge.
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Jan Dhan may win Guinness record for Modi, but duplicate accounts can burden banks
he Narendra Modi government is in dialogues with the Guinness World Records team to bag a record for the government for opening maximum number of bank accounts in minimum number of days, according to persons familiar with the development.
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- Uncategorized
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- South Asia