Posts Tagged ‘Azerbaijan’

Micorfinance Focus, May 31, 2010: Microfinance Information Exchange, Inc. (MIX) recognized 13 microfinance institutions (MFIs) from Eastern Europe and Central Asia for reporting their 2009 social performance data at the Microfinance Centre’s Annual Conference in Astana, Kazakhstan. AzerCredit of Azerbaijan received the Gold Social Performance Reporting Award, while Nor Horizon of Armenia and DemirBank of Azerbaijan both received the Silver Award. The Social Performance Reporting ... Full story

Microfinance Focus, May 26, 2010: MFTransparency, a global initiative for fair and transparent pricing in the microfinance industry is hosting a webinar on Tuesday, June 1, 2010 from 7:00 AM -8:30 AM EST, launching the true-cost microfinance pricing data from Azerbaijan. The discussion will interpret the data and its effect on market conditions as well as answer questions from a range of stakeholders and the ... Full story

Microfinance Focus, May 18, 2010: Microfinance News Synopsis brings a compilation of industry news from across the world. Microfinance USA Conference Launches this week in SF: If growing from a regional to a national conference over the course of a single year is any indication, next week’s Microfinance USA conference (May 20 & 21 in San Francisco) is sure to attract plenty of attention. Concentrating primarily ... Full story

By Nagesh Narayana Microfinance Focus, Feb 4, 2010: AccessBank, the leader of commercial microfinance in Azerbaijan, has recently submitted pricing data for all its microfinance loan products to MFTransparency. To date, AccessBank has 98,000 active borrowers and by far the largest portfolio of microfinance products in Azerbaijan, totaling $297 million as of January 1, 2010. AccessBank is a member of the Azerbaijani Micro-finance Association (AMFA), MFTransparency’s partner ... Full story

Microfinance Focus, Dec. 21, 2009: The European Fund for Southeast Europe (EFSE) will expand its operations to Armenia, Azerbaijan, Georgia and Belarus. The EFSE aims to provide financing for 70,000 micro and small enterprises (MSEs) in these countries through local banks and microfinance institutions, the EFSE announced in a statement. This is expected to cost €300 million. “Micro and small enterprises play a crucial role in ... Full story

Microfinance Focus, Dec. 10, 2009: IFC has launched a website devoted to operations in Azerbaijan and Central Asia (www.ifc.org/acamfi) to increase awareness about transformation processes of microfinance institutions to provide a broader range of financial services to micro-entrepreneurs across the region. The website contains information about approach of Azerbaijan and Central Asia Microfinance Transformation Support Project, microfinance-related materials such as major laws and other microfinance regulations ... Full story

Microfinance Focus, Oct. 8, 2009: IFC, the World Bank's private investment arm, has recently announced it will invest $20 million in Bank Respublika, Azerbaijan’s fourth-largest private sector bank, to help increase lending to micro, small, and medium businesses in the country’s rural areas, said a press release. Bank Respublika aims to more than double its lending to small businesses, and expects half of its loans to ... Full story

Microfinance Focus, Sept. 8, 2009: Azerbaijan Micro-finance Association is organizing an “Investors Fair” on October 7, 2009 to bring together members, investors and donors and service providers. The fair is to serve as a forum for people to look for solutions, to meet potential business clients and partners and vie for funding for their ideas, said a statement. The one-day fair, expected to be attended by about 150 representatives, will focus on government strategy on MFIs and banks, how investors, banks and MFIs can successfully manage key financial risks in today’s market and thirdly client protection in practice. Full story