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Does Greater Inclusion Lead to Financial Health? New Research Raises Pointed Questions for the Industry
Does financial inclusion really lead to financial health? The industry has largely been operating under the assumption that the answer is "yes" - but a new Gallup survey of more than 15,000 people in 10 very different countries reveals a more complex picture. Sonja Kelly and Evelyn Stark explore the results of this "unprecedented look at personal finance and how people perceive their situation," in a discussion that raises vital questions about the future direction of financial inclusion.
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- Finance
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Metlife launches their i3 program in Bangladesh
Regional Director for Asia at MicroSave Manoj K Sharma said: “Although the mobile financial services in Bangladesh have been very successful, it is time to build upon this success story and translate it into a larger play around financial inclusion.”
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- Finance
- Region
- South Asia
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Press release: MetLife Named to the 2018 Dow Jones Sustainability Index
“MetLife is committed to delivering value for all of its stakeholders,” said Mike Zarcone, MetLife executive vice president and head of Corporate Affairs. “It is the nature of our business to create value for the world at large, and we are proud to be recognized by DJSI for the continued progress we are making to be a more sustainable company.”
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- Press release
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Announcing the Latest NextBillion E-book: Insights and Innovations in Financial Health
In response to a growing recognition that financial access alone doesn’t guarantee social impact, many of the sector’s leading voices are shifting their focus to financial health. MetLife Foundation and its partners explored that topic on NextBillion's Financial Health site, through 20 articles that discuss what’s working—and sometimes, what’s not working—in inclusive finance. We’ve compiled these articles into an e-book, which you can download and share here.
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- Entrepreneurship, Finance, Investing, NextBillion Originals
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Press release: New Report: Banks Increasingly Embrace Data to Reach Underserved Customers
The Center for Financial Inclusion at Accion (CFI) and the Institute of International Finance (IIF), with the support of MetLife Foundation, released a report that examines how new types of data and new data tools present an unprecedented opportunity for financial service providers to understand and serve clients—particularly credit-seeking, "thin-file" clients who are otherwise excluded from the formal financial sector.
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Press Release: MetLife Social Impact Investments Rise to $50 Billion
MetLife, Inc. (NYSE:MET) today announced its impact investment portfolio grew to $50 billion in 2017, an increase of 12 percent year-over-year from 2016 to 2017, and MetLife Foundation reached more than six million low-income individuals through the fourth year of its five year, $200 million dollar commitment to financial inclusion.
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- Investing
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Internalizing Innovation: It’s About Creating a Culture, Not a Product
Innovation holds the key to expanding financial health for low- and moderate-income households—but how can organizations foster a culture of innovation, rather than treating it as a one-off event or a process fix? MetLife Foundation and UNCDF are launching two new innovation hubs in China and Malaysia that aim to promote this cultural shift. Krishna Thacker and Jaspreet Singh discuss the program's unique approach.
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- Education, Entrepreneurship, Finance
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MetLife Foundation Partners with Kiva to Support Entrepreneurs and Build Financial Inclusion
MetLife Foundation has partnered with Kiva, a global non-governmental organization, to support entrepreneurs around the world through an employee engagement campaign. As part of this programme, a fully funded US$25 loan has been allocated to each of MetLife's 23,000 employees in Asia to help entrepreneurs start, sustain and grow their businesses.
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- Entrepreneurship
- Region
- Asia Pacific
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