- Saturday, March 6, 2010, 12:49
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Microfinance Focus, March 6, 2010: IFC has launched a series of programs this weekend in cooperation with the central banks of Ethiopia, Mozambique, and Tanzania aimed at increasing the quality of credit reporting in Africa. The lack of credit information hinders banks from widely offering financial services, improved reporting and creditworthiness.
IFC has co-hosted a series of regional workshops that brought together central banks, financial ...
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- Tuesday, January 19, 2010, 12:08
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Microfinance Focus, Jan. 19, 2010: Representatives from Malaysia's central bank, Bank Negara Malaysia, began their meeting on Monday with microfinance practitioners to discuss financial inclusion. The Financial Inclusion Advisers (FIA) Programme from 18 - 22 January 2010 in Kuala Lumpur is set to focus on developing human capital in the sector, said a statement by the bank.
In their opening remarks, Ms. Noriko Suzuki, Chief Representative ...
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- Wednesday, August 19, 2009, 23:37
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By Naagesh, N.
Microfinance Focus, August 19, 2009: The International Finance Corporation (IFC), the World Bank's private sector arm, announced on Wednesday that it committed $1.8 billion worth of new investments across 30 countries in Africa in the fiscal year ended June, as it rapidly increased activities to help microfinance and other financial advisory services or guarantees in Africa.
IFC’s investments represented a 32% increase over the $1.4 billion in commitments recorded a year earlier. IFC also delivered $26.1 million worth of advisory services, up from $18.6 million a year ago, as it expanded activities to have more impact in countries affected by conflict and where the private sector is at the very early stages of development.
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