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Pakistan’s Largest Conventional Bank is Expected to Enter the Microfinance Sector
Habib Bank (HBL) is expected to enter the microfinance banking segment by acquiring Pakistan’s second largest microfinance bank in terms of the value of savings, according to a regulatory filing by the country’s biggest commercial bank on Thursday.
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- Uncategorized
- Region
- South Asia
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Microfinance Companies to Be Hit by Mergers and Acquisitions in Ghana
Ghana’s microfinance industry is expected to be hit by mergers and acquisitions as the regulator demands recapitalization of companies in the sector.
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- Uncategorized
- Region
- Sub-Saharan Africa
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- microfinance
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Calls Grow for a New Microloans Model
Some of the world’s top experts in microlending recently gathered to debate a hot topic: Has the microloan boom of the last decade actually helped global efforts to lift people out of poverty?
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INTERVIEW: Muhammad Yunus discusses the Indian microfinance industry
The Nobel laureate and founder of microfinance pioneer Bangladesh’s Grameen Bank says MFIs in India could be greedy and tapping the capital market or raising loans from private equity funds is a bad idea.
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- Uncategorized
- Region
- South Asia
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Microfinance Goes Digital: Opportunities and challenges in enabling pro-poor financial institutions to connect to the digital ecosystem
Mobile financial services are finally moving beyond payments, with 26 mobile savings and 37 mobile credit services now live. But in spite of this progress, smaller microfinance institutions and other pro-poor organizations have been forced to watch from the sidelines for lack of resources. Grameen Foundation addresses this and other challenges in the first post in a series on what it takes for an MFI to go digital.
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Financial Inclusion in Focus in India, but Bank Loans to Micro Sector Fall 5.5%
State-run banks may have created a record with opening of Jan Dhan accounts, but when it comes to lending to the poor, they are actually faltering. Bank loans to the micro sector, the target group of the government's financial inclusion drive and Pradhan Mantri Jan Dhan Yojana (PMJDY), have fallen 5.5% over the last 14 months, according to data from the Reserve Bank of India (RBI).
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- Uncategorized
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- South Asia
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Interview: Stuart Hart on How Indian Microfinance Institutions Can Improve Their Negative Image
In the second part of his interview to the Chairman of Indian Council of Competitiveness, Amit Kapoor, global thinker and Founder and President of Enterprise for a Sustainable World, a non-profit organisation dedicated to helping businesses make the transition to sustainability, Stuart Hart talks about how Indian micro finance institutions can work towards cleaning their negative image.
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- Uncategorized
- Region
- South Asia
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- microfinance
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Press Release: International Finance Corporation Loaning $2.5m to La Fayette Microfinance Bank, Nigeria
The International Finance Corporation (IFC), a member of the World Bank Group, is investing NGN 400 million (USD 2.5 million) in La Fayette Microfinance Bank, one of eight members of the Advans Network of microfinance institutions, which is based in Luxembourg and managed by Horus Development Finance of France. The investment will support the growth of La Fayette, which was created in June 2012 and target micro-, small and medium-sized enterprises in Nigeria’s urban areas.
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- Uncategorized
- Region
- Sub-Saharan Africa
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