Return to top
NewsWatch:

This page will stop being updated shortly. You can subscribe to Tameo’s NewsWatch
here
to keep yourself informed about recent industry happenings.
Learn more about Tameo.
Archives:
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
- 2015
- 2014
- 2013
- 2012
- 2011
- 2010
- 2009
- 2008
- 2007
- 2006
- 2005
Proving Progress: Social Performance Measurement in Microfinance
August, 28 2014
Global - Microfinance is unique within the banking world, because it promises to serve those excluded from the formal banking sector, while also being financially sustainable. Thus, MFIs must meet a “double bottom line” of financial and social performance
...
Africa: Micro-insurance - Here to Stay
August, 26 2014
Africa - Unlike those in developed economies, African farmers have traditionally been overlooked by the insurance industry. They have limited financial means and live in remote areas, which makes it difficult to reach them
...
Myanmar Investments in Microfinance JV Agreement
August, 26 2014
Myanmar - Myanmar Investments International Ltd subsidiary Myanmar Investments Ltd has today signed a conditional JV agreement with Myanmar Finance Company Ltd, a highly ranked provider of microfinance loans principally to small-scale business operators in rural and urban areas of Yangon and neighbouring Bago in Myanmar
...
China: Private Pioneers
August, 25 2014
China - Naturally, people can expect private banks to become major force in funding small and micro companies. Yet, the loan morass small and micro firms confront is unlikely to be trudged through in the immediate term, keeping in mind the limited number of approved banks
...
Vietnam: Poor Lack Financial Services Access
August, 25 2014
Vietnam - Viet Nam is facing challenges in granting the poor with access to micro- and general finance, with only 21 per cent of Vietnamese adults having access to these informal services
...
Indonesian Bank BRI Takes Microcredit on The Road
August, 24 2014
Indonesia - Banks on wheels are an important way to attract rural customers in Indonesia. Mobile phone and internet banking remain embryonic because of regulatory problems and poor IT infrastructure
...
Nigeria: Jonathan Disburses N869m of N220bn MSME Fund
August, 20 2014
Nigeria - President Goodluck Jonathan yesterday disbursed about N869.9 million of the N220 billion earmarked for the Micro, Small and Medium Enterprises (MSMEs) to the first batch of beneficiaries of SMEs in Abuja
...
India: Many Queue Up for Small-Bank Licences
August, 19 2014
India - The interested firms are awaiting final guidelines which will provide more clarity to firm up their plant to apply ‘differentiated bank’ licence to further the objective of financial inclusio
...
BSP: Use of Electronic Money Growing in Philippines
August, 19 2014
Philippines - In its 2013 Report on the State of Financial Inclusion in the Philippines, the BSP said the banking system has become more inclusive over the last few years. The report showed deposit accounts in banks increased by 9 percent in 2013, while loan portfolio jumped 27 percent to P4.25 trilion in 2013
...
Ghana: Stop Charging High Interest Rates – BoG Tells MFIs
August, 19 2014
Ghana - The Head of Other Financial Institutions Supervision Department of the Bank of Ghana (BoG), Mr Raymond Amanfu, made the remark at the third annual general meeting (AGM) of the Ghana Association of Microfinance Companies (GAMC) in Accra
...
Regulatory Supervision in Microfinance: Friend or Foe?
August, 19 2014
Global - Over the past decade, researchers have sought to understand the effects of regulatory supervision on the behavior and efficiency of microfinance institutions (MFIs). The conclusions from these studies sparked numerous debates on the future of the industry
...
Cambodia: SMBC Buys IFC Acleda Shares
August, 19 2014
Cambodia - Japanese financial firm Sumitomo Mitsui Banking Corporation (SMBC) has agreed to buy out the International Finance Corporation’s (IFC) stake in Acleda Bank for more than $100 million
...
Myanmar: A Changing Role for Microfinance After Natural Disaster
August, 18 2014
Myanmar - Client demand for formal financial services is not always straightforward: there isn’t always a critical mass of people saying “I want that specific service.” Sometimes clients are able to better articulate what they don’t want, such as the burden of mitigating external risks
...
Nigeria: N220b MSMEs’ Fund for Launch Today
August, 18 2014
Nigeria - The N220 billion Micro, Small and Medium Enterprises Development (MSME) Fund designed by the Central Bank of Nigeria (CBN) to support entrepreneurs will be launched today by President Goodluck Jonathan in Abuja
...
Bandhan, India's Newest Bank, Takes Shape
August, 14 2014
India - As it prepares for a transformation from a microfinance institution to a bank, Bandhan plans to stick to its Grameen model, creating a unique hybrid model of banking.
...
Philippines: Developing Microinsurance - The Path Taken
August, 12 2014
Philippines - The Insurance Commission (IC) has taken great strides toward the promotion of microinsurance in the country, considering the initiatives and strategies undertaken over the years. The most important of these initiatives is the crafting and issuance of the Regulatory Framework for Microinsurance, as embodied in Insurance Memorandum Circular (IMC) 1-2010
...
African Bank Charging 60% Interest Rescued to Help Poor
August, 12 2014
South Africa - As African Bank Investments Ltd. (ABL) spiraled toward collapse, South Africa’s Reserve Bank fought to save lending to the nation’s poor, ultimately leaning on firms with more traditional clients to carry out the rescue
...
India: Micro-Insurance Products May Be Overhauled
August, 12 2014
India - Insurance companies have sought better incentives to distributors such as banking correspondents apart from having ticket-size of products of up to Rs 1 lakh in order to generate better interest to sell the products
...
The Evolution of Impact Investment in India
August, 11 2014
India - From a trickle of $1.17 million in 2000 to investments of about $250 million per annum since 2011, there has been a major uptick in investments, taking the total to $1.6 billion spread over 220 for-profit impact enterprises
...
Involving the Urban Poor in Inclusive Housing
August, 11 2014
Global - In cities of the Global South, where a lack of affordable and adequate housing is all too common, effort has been made by governments, NGOs, and local communities to make inclusive housing a reality. One crucial solution that has been found effective in several cities is participatory planning, which allows the urban poor to participate in the process of urban planning
...
Taiwan: Banks to Lower Fees on Microcredit Transactions
August, 08 2014
Taiwan - The Financial Supervisory Commission (FSC) announced in writing to reiterate, when customers are applying for relevant business, the charging of processing fees should adopt the principles of reasonability, openness, and transparency. The FSC encourages banks to offer fee discounts on microcredit applications
...
El Salvador to Improve Productivity with IDB Support
August, 08 2014
El Salvador - The Inter-American Development Bank (IDB) has approved a $100 million loan to promote access to investment credit for micro, small and mid-sized companies (MSMEs) to strengthen their productivity and competitiveness
...
Mainstream Finance is Failing Entrepreneurial Haitians
August, 05 2014
Haiti - Haiti is often synonymous with underdevelopment, but those who know the immigrant community in south Florida note Haitians' propensity for entrepreneurship at least as frequently as poverty. Microfinance experts say the lack of formal employment opportunities in Haiti are part of this entrepreneurial spirit
...
Microfinance in Yemen Thrives Despite Economic Troubles
August, 05 2014
Yemene - According to World Bank statistics from 2011, 54 percent of the Yemeni population lives below the poverty line of $2 a day. In this dire economic environment, microfinance has become increasingly prevalent in Yemen since it kicked off in 1997
...
Hana Bank Launches Microfinance Unit in Myanmar
August, 04 2014
Myanmar - South Korean lender Hana Bank said Monday it has established a microfinance institution in Myanmar, joining in the global competition to tap into the impoverished country that has launched dramatic reforms to open up its economy
...
Cambodia: Big Strides for Savings in MFIs
August, 01 2014
Cambodia - Microfinance deposits are on the rise, a positive trend that the industry says is moving the country towards a reduced dependency on foreign funding and that will eventually lead to greater control over interest rates
...