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Accion Microfinance Bank Share capital Reaches N1.205bn in Nigeria
The micro finance bank’s robust financial base reflects on over N21.7billion disbursed in loans to more than 110,000 customers since inception.
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- Sub-Saharan Africa
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Headline: Financial Inclusion: Banking on Retail Agents in Nigeria
Given the high percentage of the unbanked population in the country, there have been a lot of initiatives targeted at bringing more people into the banking system. Today, Nigerian banks are increasingly developing products that support the financial inclusion initiative of the Bankers’ Committee, one of which is retail agency
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Kenya leads African peers in financial access
Kenya has taken a great leap forward to enjoy better financial access compared to her peers in the continent. The country claims the second highest level of financial inclusion only after South Africa.
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Boosting Financial Inclusion in Nigeria with Mobile Money, Electronic Cards
Nigeria is bent on achieving financial inclusion through the ongoing cashless initiative, but the exercise is rather too slow, hence the need to increase awareness campaign on the use of mobile money and electronic cards as alternative channels, writes Emma Okonji.
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American Express Spotlights the Issue of Financial Exclusion in Davis Guggenheim Doc “Spent”
Part of a larger Amex initiative to address financial inclusion, Spent: Looking for Change reveals the dismal state of basic banking service access for many Americans.
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Reserve Bank of India to issue much-awaited banking licenses to reshape banking sector
The next generation of banking structure will be the first step to a thousand mile journey to make India the third largest banking economy in the world. The issue of "on-tap" new banking licenses will prove to be a game changer for the Indian banking industry.
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PRESS RELEASE: Accion Supports Sale of Mibanco to Financiera Edyficar
Accion, a leader in microfinance and financial inclusion, today announced its support for the sale of Mibanco to Financiera Edyficar, which is owned by Grupo Credicorp, following the regulatory approval of the sale obtained this week.
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PRESS RELEASE: First Access and Vodacom Tanzania Ink Financial Inclusion Deal
Partnership offers financial institutions the ability to purchase instant risk scores from First Access based on prepaid mobile phone records.
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- Sub-Saharan Africa