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National Bank of Cambodia Slams NGOs’ Lending Report
A report on predatory lending in Cambodia by local human rights NGOs Licadho and Sahmakum Teang Tnaut (STT), was slammed by the National Bank of Cambodia (NBC) as “flawed”.
- Categories
- Finance
- Region
- Asia Pacific
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‘Financial Innovation’ is no Frankenstein: How Impact Investors and Inclusive Finance Innovators Are Redefining the Term
For many, the words "financial innovation" spark memories of the banking malfeasance that led to the 2008 financial crisis. But as Paul Hailey at responsAbility Investments sees it, financial innovation has come a long way since then. He argues that innovative new investment products don't have to be "a monster lurching towards the village," and explores how they can enable both financial inclusion and investor returns.
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Grameen Bank Chairman Mozammel Haque Dies
He was appointed chairman of the bank in 2011, and served it until his last day.
- Categories
- Finance
- Region
- South Asia
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Report: Cambodia’s ‘Reckless’ Microfinance Industry Puts Economy at Risk
The groups' study, "Collateral Damage," questions whether the industry's reported nonperforming loan rate of 1.8% is kept low by such "human rights abuses" while highlighting the multimillion dollar returns made by microcredit institutions and their shareholders.
- Categories
- Finance
- Region
- Asia Pacific
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What’s the Point of Investing in Financial Inclusion? A New Review Aims to Help Investors Maximize Their Impact
Is social investment in financial systems and services justified? It's a natural question when considering the financial inclusion sector’s development, say Timothy Ogden at the Financial Access Initiative and Machal Karim at CDC Group. And it’s not just critical microcredit studies that have raised the question: The history of social investment in financial systems doesn’t yield many obvious success stories. They discuss a new review of the theory and empirical evidence – both positive and negative – for investing in financial systems as a development strategy.
- Categories
- Finance
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How Artificial Intelligence Can Simplify International Development Research: An Intriguing Experiment (Involving NextBillion)
International development professionals must often spend a great deal of time trying to keep up with news, trends and research about their area of activity – and this requires a lot of manual labor. But much of this can now be automated and aided by artificial intelligence (AI). Jacob Rosen and Ashirul Amin at BFA explore how they used AI to sort and categorize a vast amount of development-focused content online, using NextBillion's 5,000+ article library as a test case. The results of their experiment show how AI can help people reduce time and labor and learn more efficiently.
- Categories
- Finance, Technology
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The “Financial Inclusion Compass 2019”: e-MFP to Launch 2nd Annual Survey of Financial Inclusion Trends
A positive reception to the survey and the Compass has meant that, one year on, e-MFP is ready to launch the second annual survey.
- Categories
- Finance
- Region
- Europe & Eurasia
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Press Release: VisionFund International Celebrates 15 Years
Operating through a network of microfinance institutions in 28 countries, VisionFund works alongside World Vision to empower families living in impoverished communities with limited access to formal financial services to overcome poverty.
- Categories
- Finance
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