Countries & RegionsMicrofinance in Turkey:
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May 17, 2013 - 4:00pm
from The Microfinance Research Blog
An ode to a father, a story of growing up with two mothers, a request for a cloak of visibility, and a reflection on goodbyes. Here are four Freshly Pressed standouts from this week — all quite personal pieces that have resonated with many readers. Go ahead and dive in:
Why I Don’t Diet — An Ode to My Father
My father spent his years fighting his size, wishing he was smaller, ...
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May 13, 2013 - 6:01pm
from MicroCapital
The UK-based European Bank for Reconstruction and Development (EBRD) recently launched the Kyrgyz Sustainable Energy Financing Facility (KyrSEFF), a USD 20 million credit line supporting energy efficiency projects for households and private enterprises in the Kyrgyz Republic. KyrSEFF loans will be provided to end-borrowers by commercial banks DemirBank, a Turkey-based bank, and Kyrgyz Investment and Credit Bank (KICB), which is minority-held by the Kyrgyz goverment, in amounts ranging ...
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MICROCAPITAL BRIEF: G20’s Global Partnership for Financial Inclusion Publishes Data on 192 Countries
May 13, 2013 - 5:03am
from MicroCapital
The Global Partnership for Financial Inclusion (GPFI), which is mandated to carry out the financial inclusion action plan endorsed at the 2010 summit of the Group of 20 (G20) large economies, has released a set of “basic” financial inclusion indicators populated with data from 192 countries. The indicators, which are intended to measure global access and use of financial services for individuals and small and medium-sized enterprises (SMEs), comprise the following: (1) formally banked ...
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May 6, 2013 - 7:52pm
from MicroCapital
The International Finance Corporation (IFC), a member of the US-based World Bank Group, recently issued ZAR 884 million (USD 97.1 million) in microfinance bonds to Japanese retail and institutional investors in an effort to expand financial access to poor people in developing countries. The 5-year securities are being managed and distributed by Daiwa Securities Group, a Japan-based financial services institution, in denominations of ZAR 100,000 (USD 11,200), with a coupon rate of 5.2 ...
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May 3, 2013 - 3:13am
from MicroCapital
The UK-based European Bank for Reconstruction and Development (EBRD) recently launched an energy efficiency credit line valued at USD 100 million to be on-lent via local private banks to benefit individual Russian households, housing associations, management companies, maintenance service providers, condominiums and energy service companies (ESCOs). Center-Invest Bank, a Rostov-based financial institution that provides corporate and retail services, is the first bank to sign up for the ...
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May 3, 2013 - 12:00am
from Reserve Bank of India Notifications
The Annual Policy for 2013-14 is formulated in an environment of incipient signs of stabilisation in the global economy and prospects of a turnaround, albeit modest, in the domestic economy.
2. In the advanced economies (AEs), near-term risks have receded, aided by improving financial ...
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April 29, 2013 - 5:38pm
from MicroCapital
The International Finance Corporation (IFC), the private-investment arm of the US-based World Bank Group, and the Group of 20’s (G20’s) Global Partnership on Financial Inclusion have partnered to launch the “Women’s Finance Hub,” an online platform to help advance access to finance for women entrepreneurs. The hub intends to promote access to finance for women entrepreneurs by disseminating research and other information on issues related to women’s markets, addressing gaps in data, ...
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April 24, 2013 - 5:03am
from MicroCapital
DemirBank, an Azerbaijani commercial bank that lends to small and medium-sized enterprises, recently announced that customers have the opportunity to repay loans at automated teller machines (ATMs) with their bank cards. DemirBank operates approximately 60 ATMs throughout the country. No service fees are charged for the transaction and borrowers can use a bank card issued from any bank. Customers can also repay their loans at any of the 700 payment terminals located in ...
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April 23, 2013 - 2:04pm
from Mobile Money for the Unbanked
The tragedies last week in China, Boston, Iran and Pakistan, and the flooding in Buenos Aires earlier this month underscore the dependence that affected communities and emergency response agencies place on mobile networks to communicate with loved ones and coordinate relief. During crises, mobile networks are vulnerable to a variety of challenges ranging from congestion to infrastructural damage, as illustrated below.
Lushan Earthquake, Sichuan Province, ...
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April 23, 2013 - 5:03am
from MicroCapital
Deutsche Investitions-und Entwicklungsgesellschaft GmbH (DEG), a German development finance institution; the International Finance Corporation (IFC), the commercial arm of the US-based World Bank Group, and the African Capitalization Fund (ACF), a US-based investment fund managed by IFC subsidiary IFC Asset Management Company recently placed an equity investment totaling approximately GHS 46 million (USD 23.3 million) in UT Bank Limited, a publicly-traded Ghanaian bank that offers ...
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April 17, 2013 - 5:03am
from MicroCapital
The European Bank for Reconstruction and Development (EBRD), an international finance institution headquartered in London, plans to provide a financing facility of EUR 150 million (USD 197 million) to Isbank, a Turkish commercial bank. The funds are expected to be disbursed in three tranches to be on-lent to small and medium-sized enterprises (SMEs) involved in agriculture, energy efficiency, renewable energy and women’s entrepreneurship. The deal has not been finalized [1]. Isbank has ...
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April 12, 2013 - 2:57pm
from Global development: Poverty matters blog | guardian.co.uk
In the constant fight between microbes and people, attempts to rein in the malarial parasite have just taken an interesting turn. On Thursday the founder of Amyris Biotech triumphantly announced production of
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March 12, 2013 - 12:00pm
from Reserve Bank of India Notifications
To
All Authorised Persons, who are Indian Agents under Money Transfer Service Scheme
Madam / Sir,
Money Transfer Service Scheme – Revised Guidelines
Attention of all Authorised Persons (APs), who are Indian Agents under the Money Transfer Service Scheme (MTSS) is invited to the ...
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March 8, 2013 - 10:14pm
from MicroCapital
The European Bank for Reconstruction and Development (EBRD), a London-based multilateral financial institution, is planning to extend the equivalent of USD 200 million in Turkish lira to the Turkish Sustainable Energy Finance Facility (TurSEFF), which offers credit lines for banks to use to fund investments in energy efficiency and renewable energy projects. TurSEFF, which was launched in 2010 with the equivalend ot USD 284 million, onlends to commercial Turkish banks to provide up to USD ...
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March 6, 2013 - 7:00pm
from Global development: Poverty matters blog | guardian.co.uk
First we had European cancer experts deliberating on the shores of a Swiss lake in Lugano. Now the premier cancer research organisations in the world, led by the National Cancer Institute in the US and Cancer Research UK, are speaking out. They are saying much the same things: it is time to take what we know about basic cancer prevention and care into ...
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March 6, 2013 - 5:40pm
from Global development: Poverty matters blog | guardian.co.uk
Last December the United Nations refugee agency, UNHCR, announced that the number of refugees fleeing violence in Syria might reach 1 million by June. Today, a full three months ahead of that prediction, comes news that this ...
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March 6, 2013 - 2:21pm
from Mobile Money for the Unbanked
Last week 72,000 people from around the world arrived in Barcelona for the annual Mobile World Congress. This is my fifth year at Congress and it’s exciting that year on year, there is more attention on mobile solutions for emerging markets. Here are some of my highlights from MWC 2013!
GSMA mAgri Seminar: Taking Mobile Agriculture Innovation to Market
For our second mAgri seminar at MWC, we had a fantastic line-up from Vodafone Turkey, China Mobile, Tigo ...
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March 4, 2013 - 5:03am
from MicroCapital
Event Name: Child and Youth Finance Summit & Awards Ceremony 2013
Event Date: May 7-9, 2013
Event Location: Istanbul Stock Exchange, Instanbul, Turkey
Cost: The cost for adult participants is EUR 450 (USD 589). The cost for youth participants (ages 8 through 18) and their caretakers is EUR 250 (USD 327) each.
Summary of Event: The conference will focus on “experience-sharing sessions” covering innovations from the field of financial inclusion and financial ...
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February 6, 2013 - 2:35am
from MicroCapital
The Sanad Fund for MSME (micro-, small and medium-sized enterprise), an initiative of the German development bank Kreditanstalt für Wiederaufbau Entwicklungsbank that provides debt and equity to financial institutions in the Middle East and North Africa (MENA), announced that it has agreed to loan USD 20 million to Bank Audi, a private bank headquartered in Beirut, Lebanon, to support small and medium-sized enterprises (SMEs) in MENA. Bank Audi is active in the following 10 countries as ...
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February 4, 2013 - 5:03am
from MicroCapital
The Joint Action to Support Microfinance Institutions (JASMINE) program, a joint initiative by the European Investment Fund, the European Parliament and the European Commission, has put out a call for expressions of interest to European microcredit providers wishing to benefit from its technical assistance program in 2013. The deadline for applications is February 28, 2013. Up to 30 European microfinance institutions will be selected to receive funding for institutional assessments and ...
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