Uzbekistan Market Profile

July 8, 2015 - 3:00pm from The Microfinance Research Blog
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January 28, 2015 - 2:07am from MicroCapital
Arun Jaitley, the Indian Finance Minister, reportedly announced that the government has completed Phase I of the Jan-Dhan initiative, a scheme created by Prime Minister Modi to increase the availability of banking services in India, including credit, savings, insurance, direct benefits transfer and electronic payments. The initiative first was announced in August 2014 and later was supported by the US Agency for International Development (AID) with a commitment of USD 10 ...
January 26, 2015 - 6:31am from MicroCapital
Triodos Investment Management, a subsidiary of Netherlands-based Triodos Bank, recently disbursed loans of undisclosed amounts to Annapurna Microfinance, an Indian microfinance institution (MFI); Asociacion Fondo de Desarrollo (FDL), an MFI in Nicaragua; Crezcamos, a Columbian MFI; Hamkorbank, a commercial bank in Uzbekistan; Intean Poalroath Rongroeurng (IPR), an MFI in Cambodia; Intellegrow, a nonbanking financial company (NBFC) serving small and medium-sized enterprises (SMEs) in ...
June 21, 2014 - 5:03am from MicroCapital
The United Nations Development Program (UNDP), whose goal is to work toward the United Nation’s Millennium Development Goals, reportedly has transferred the portion of its microfinance portfolio that is disbursed in Myanmar to the US-based Pact Global Microfinance Fund (PGMF), which disburses microcredit and offers business training in Myanmar’s rural regions. UNDP commenced its microfinance operations in Myanmar in 1997. In 2011, the Microfinance Law of the country established a ...
April 2, 2014 - 5:03am from MicroCapital
The European Bank for Reconstruction and Development (EBRD), a multilateral institution headquartered in London, England, recently announced that it will extend a credit line of USD 5 million to FINCA Kyrgyzstan, a unit of US-based microfinance nonprofit FINCA International. Of the total, USD 2 million will be distributed through the Kyrgyz Sustainable Energy Financing Facility (KyrSEFF), an initiative established by EBRD and the Investment Facility for Central Asia (IFCA) that targets ...
March 4, 2014 - 11:38am from RemittancesGateway
The Russian Central Bank published the latest data on remittances from Russia to NIS countries and Uzbek citizens earn and transfer back home the most money out of all former Soviet countries. The Central Bank's report covers the period from January 2010 to September 2013. Uzbekistan was the leader among the former Soviet countries during the entire ...
March 4, 2014 - 11:38am from RemittancesGateway
The Russian Central Bank published the latest data on remittances from Russia to NIS countries and Uzbek citizens earn and transfer back home the most money out of all former Soviet countries. The Central Bank's report covers the period from January 2010 to September 2013. Uzbekistan was the leader among the former Soviet countries during the entire ...
October 31, 2013 - 9:00am from Global development: Poverty matters blog | guardian.co.uk
It is certainly in vogue for those in power to make high-profile pledges on openness and transparency. Speeches and policy documents are increasingly littered with references to open data, "partnerships" and the acronyms of the various international ...
July 8, 2013 - 11:52am from Global development: Poverty matters blog | guardian.co.uk
Lately, almost every week somebody asks me when I'll have children. Sexist? A little. Annoying? A lot.When or whether to have kids is a deeply personal, life-changing decision. Luckily, I have all the tools I need to decide for myself. I have access to family planning methods, and an income to pay for them. More importantly, I have the power in my ...
May 26, 2013 - 10:48am from BRAC Blog
Faustina Pereira, director of BRAC human rights and legal aid services, poignantly puts the focus where it needs to be. She says – “we are dealing with a sector that directly touches the lives and livelihoods of millions of individuals and their families, and directly contributes to lifting them out of abject poverty,” and that “We should go beyond nomenclature that alienates the players who should be [held] to account.” Read the thought provoking ...
May 16, 2013 - 9:33am from Global development: Poverty matters blog | guardian.co.uk
It has taken a tragedy on the scale of the Rana Plaza disaster in Bangladesh to finally strip away any remaining illusions that cheap clothes don't come with a serious human rights price-tag somewhere down the line.Reports on Thursday of the
March 26, 2013 - 8:35pm from MicroCapital
The Al-Huda Centre for Islamic Banking and Economics (CIBE), a Pakistan-based nonprofit that focuses on Islamic microfinance, has announced its expansion to Uganda. The firm offers research, training and technical assistance services. According to Al-Huda CIBE CEO Zubair Mughal, the new Ugandan initiative represents the organization’s first operation in Africa, and the company plans to expand to South Africa and other African countries with high Muslim populations in the future. Details ...
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 ...
March 12, 2013 - 11:22am from RemittancesGateway
Forget gas and coal and cotton. Labor migrants are Uzbekistan's number-one export. And new data show their earnings jumped in 2012. Russia's Central Bank says migrant labor remittances sent from Russia to Uzbekistan totaled $5.7 billion in 2012, up 32.6 percent over 2011, when the figure was $4.3 billion. With Uzbekistan's 2012 GDP worth $35 billion (that's the official sum figure converted ...
March 12, 2013 - 11:22am from RemittancesGateway
Forget gas and coal and cotton. Labor migrants are Uzbekistan's number-one export. And new data show their earnings jumped in 2012. Russia's Central Bank says migrant labor remittances sent from Russia to Uzbekistan totaled $5.7 billion in 2012, up 32.6 percent over 2011, when the figure was $4.3 billion. With Uzbekistan's 2012 GDP worth $35 billion (that's the official sum figure converted ...
March 12, 2013 - 11:22am from RemittancesGateway
Forget gas and coal and cotton. Labor migrants are Uzbekistan's number-one export. And new data show their earnings jumped in 2012. Russia's Central Bank says migrant labor remittances sent from Russia to Uzbekistan totaled $5.7 billion in 2012, up 32.6 percent over 2011, when the figure was $4.3 billion. With Uzbekistan's 2012 GDP worth $35 billion (that's the official sum figure converted ...
March 12, 2013 - 11:22am from RemittancesGateway
Forget gas and coal and cotton. Labor migrants are Uzbekistan's number-one export. And new data show their earnings jumped in 2012. Russia's Central Bank says migrant labor remittances sent from Russia to Uzbekistan totaled $5.7 billion in 2012, up 32.6 percent over 2011, when the figure was $4.3 billion. With Uzbekistan's 2012 GDP worth $35 billion (that's the official sum figure converted ...
March 5, 2013 - 6:45am from MicroCapital
The Grameen Crédit Agricole Microfinance Foundation (GCAMF), an organization that offers financing products to microfinance institutions (MFIs) and social business projects in Africa and Eurasia, recently informed MicroCapital that it has approved a three-year, local-currency loan equivalent to USD 599,000 to the MFI Oxus Tajikistan. As of June 30, 2012, the institution had approximately 10,000 clients, 82 percent of whom lived in rural areas and 33 percent of whom were women. ...
February 13, 2013 - 5:03am from MicroCapital
The nonprofit AlHuda Center for Islamic Banking and Economics (CIBE) has signed an agreement with Hamkor Bank, a provider of microfinance services in Uzbekistan, to provide advisory services on Islamic microfinance and human capital development. Islamic microfinance models comply with Islamic law, the Shariah, which prohibits interest payments and fees, by way of concepts such as joint venture and profit sharing. For the year 2011, Hamkor Bank reported to the US-based nonprofit ...
November 14, 2012 - 11:59pm from MicroCapital
This afternoon, the Remittances Action Group of the European Microfinance Platform (e-MFP) met to share member experiences, plan future action steps and announce the release of the “Financial Literacy for Remittances and Diaspora Investments” handbook [PLEASE NOTE: This link is due to be activated by November 16]. The document, which is the first of three planned outputs to be completed by the group, ...