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A service for banking industry professionals · Saturday, May 24, 2025 · 815,642,350 Articles · 3+ Million Readers
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Microcredit News Monitoring

  • Published on May 19, 2025

    Bankebi da Finansebi: “FROM TODAY, MICROCREDIT LIMIT FOR MICROFINANCE ORGANIZATIONS IS DOUBLING”

    Economic Press Monitor: Finances & Banking May 19, 2025 From May 16, legislative amendments come into force in Georgia, according to which the limit for credit issued by microfinance organizations is increased from 100,000 to 200,000 lari per borrower. …

    Source: Sarke - Pending
  • Published on May 17, 2025

    Yunus for a bank dedicated to microcredit

    Chief Adviser Prof Muhammad Yunus yesterday proposed the establishment of a dedicated microcredit bank based on the social business model. While inaugurating the Microcredit Regulatory Authority (MRA) building in the capital's Agargaon area, he said …

    Source: Daily Star - Neutral
  • Published on May 23, 2025

    Please don't resign: An appeal to Prof Yunus

    Every beat of my patriotic heart, every spark of my nation building energy, every iota of my common sense, every conclusion of my rational thinking compels me to most ardently, passionately and humbly appeal to Prof Yunus not to resign from the position of …

    Source: Daily Star - Neutral
  • Published on May 23, 2025

    PKSF's Tk240cr scheme to guarantee bank loans for micro-financiers

    The Palli Karma-Sahayak Foundation (PKSF) is expected to launch the country's first-ever Credit Enhancement Scheme (CES) today to facilitate the flow of microcredit from banks, through microfinance institutions (MFIs), to small businesses struggling …

    Source: The Business Standard - Neutral
  • Published on May 23, 2025

    A Parody of Power by Dr. Muhammad Yunus — The Theatrics of and the Erosion of Trust!

    Bangladesh appears to be governed by the law of the jungle under the illegitimate and puppet regime headed by Professor Dr. Muhammad Yunus. Since 1966, I have observed the political landscape of this nation from the grassroots level with unwavering …

    Source: Fresh Angle - Indeterminate
  • Published on May 23, 2025

    Empowering Bharat Through Digital Finance

    India’s financial transformation is no longer confined to urban centres. From biometric-enabled banking in villages to AI-powered support in vernacular languages, the grassroots fintech movement is reshaping access and agency across Bharat. As digital …

    Source: BFSI - Neutral
  • Published on May 23, 2025

    The strategic case for a Ghana Food-Security Bond.

    Feeding Ghana today feels like walking a tightrope during a storm. Everything, from prices to weather to supply, is unpredictable. I should know; I’m in the agribusiness industry. The cost of basic food items in Accra can swing wildly from week to week. …

    Source: Business and Financial Times - Pending
  • Published on May 23, 2025

    Starlink officially launches high-speed satellite internet in Bangladesh, here's how much it costs

    Starlink has formally launched its much-anticipated satellite-based internet service in Bangladesh, introducing unlimited data packages with speeds of up to 300 Mbps. The service aims to bridge the digital divide, particularly in areas lacking reliable …

    Source: Business Today - Indeterminate
  • Published on May 22, 2025

    Kenyan BNPL startup Watu profits drop 85% to $1.2 million as loan defaults rise

    Watu Holdings, a Kenyan buy-now-pay-later startup, reported a sharp 85% drop in profit to $1.2 million (KES157 million) in 2024, according to disclosures by Car & General, which holds a 29% stake in the business. The decline from $7.6 million (KES985 …

    Source: TechCabal - Neutral
  • Published on May 22, 2025

    BB should be transparent about its consumer credit rating licence

    In July last year, the Bangladesh Bank quietly issued invitations for applications to establish the country's first consumer credit rating bureau. The initiative, which received little public attention at the time due to political instability, …

    Source: Daily Star - Neutral
  • Published on May 22, 2025

    Algeria Telecom Enlists Local Microenterprises in Nationwide FTTH Rollout

    On the occasion of its 22nd anniversary, Algeria Telecom signed a memorandum of understanding with the National Agency for Microcredit Management (ONJAM), in a strategic move aimed at supporting national entrepreneurship and accelerating the deployment of …

    Source: The Fast Mode - Neutral
  • Published on May 22, 2025

    Forex reserves expected to reach $30b by June

    Bangladesh's foreign-exchange reserves may rise to US$30 billion in a gross account by June, up from the current stock of around $27 billion, in a steady economic rebound, predicts the Bangladesh Bank Governor. While expressing such optimism Wednesday, …

    Source: The Financial Express Bangladesh - Pro-Government
  • Published on May 22, 2025

    ‘Create Tk 100b microfinance fund for sustainable financing’

    Country’s microfinance sector insiders have urged to develop a Tk 100 billion revolving Micro Loan Fund to ensure sustainable financing, along with the simplification of complex tax provisions introduced in the Finance Bill 2024.  They also demanded the …

    Source: Bangladesh Post - Pending
  • Published on May 21, 2025

    Only 0.1% of account holders control 42% of deposits: PRI study

    A tiny fraction of account holders and just two districts -- Dhaka and Chattogram -- dominate banking deposits and loans, exposing deep inequalities in access to financial services in Bangladesh, according to a new study by the Policy Research Institute ( …

    Source: Daily Star - Neutral
  • Published on May 21, 2025

    €200m deal to ease low-carbon technology adoption for Europe’s SMEs

    The agreement marks the EIF’s largest multi-country energy transition guarantee. The EIF, part of the European Investment Bank Group, supports small businesses by partnering with intermediaries such as banks, leasing firms and microcredit providers. It …

    Source: Edie - Neutral
  • Published on May 21, 2025

    INAFI Bangladesh holds high-level consultations with stakeholders

    INAFI Bangladesh organised a national consultation titled “Microfinance Sector Consultations on National Budget 2025–26” at the BRAC Centre, Mohakhali on 19 May 2025. The event convened leaders from Bangladesh’s microfinance sector to articulate collective …

    Source: The Financial Express Bangladesh - Pro-Government
  • Published on May 21, 2025

    Nearly 42% of deposits held by 0.1% of account holders: PRI study

    Only 0.1 percent of account holders have deposits of Tk 1 crore or more, and they collectively held almost 42 percent of the total deposits in the banking system in 2024. This indicates a sharp concentration of wealth among a small portion of the …

    Source: Daily Star - Neutral
  • Published on May 21, 2025

    Dolla Financial rebalancing loan mix after tough Q1

    Dolla Financial is looking to further strengthen its loan book. Microcredit company Dolla Financial Services Limited is looking to further diversify its loan book and the collateral that secures its loan book as more borrowers continue to feel the economic …

    Source: Jamaica Observer - Indeterminate
  • Published on May 21, 2025

    Sterling Bank: Embracing financial innovation to bolster food security

    From Adanna Nnamani, Abuja In a nation where fertile land abounds but food security remains elusive, Sterling Bank is pioneering a new path by leveraging financial innovation to empower farmers, transform agricultural value chains and ignite a sustainable …

    Source: The Sun Nigeria - Indeterminate

03 days 01:21:33

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