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In South Asia, the modern microfinance movement was born in Bangladesh in the 1970s as a response to the prevailing … a new dimension for microfinance worldwide as microfinance institutions grew to include millions of clients. The start … substantial microfinance system based on Self-Help Groups (SHGs) developed. Other countries of the region made slower and later …
Persistent link: https://www.econbiz.de/10013255594
The development of a far reaching correspondent banking network is one of the key factors behind Brazil's success story in financial inclusion. Between 2005 and 2011, the number of correspondents approximately doubled to more than 160,000. The Central Bank encouraged financial institutions to...
Persistent link: https://www.econbiz.de/10012560684
Open banking schemes provide consumers with more choice and new financial products and services through the use of technology, particularly application programing interfaces (API's). The main objective of this paper is to provide guidance on how to implement consumer consent protocols to access...
Persistent link: https://www.econbiz.de/10013255186
This note focuses on the regulatory and market environment relevant to the emergence and adoption of innovative delivery channels to promote greater financial inclusion in Malaysia. Financial inclusion is defined here not only as providing access to financial services, but also as enabling and...
Persistent link: https://www.econbiz.de/10012560702
levels of trust in the formal financial sector among the Russian population, in particular for microfinance institutions …
Persistent link: https://www.econbiz.de/10012644834
Financial service provision has expanded since the 2004 financial sector assessment program (FSAP) update, but access to financial services can expand greatly through mobile banking. An estimated 47 percent of adults in El Salvador have deposit accounts at a regulated financial institution,...
Persistent link: https://www.econbiz.de/10012247385
microfinance sector is diverse and competitive and reforms are underway to strengthen regulation and supervision, but capacity is … an issue. Also, the microfinance prudential regulation should be improved to be in line with international good practices … areas relevant to financial inclusion "notably small and medium enterprise finance, financial education, microfinance …
Persistent link: https://www.econbiz.de/10012248275
The main objective of this study is to identify the major impediments to access to financial services in rural areas, and provide practical recommendations to address the identified problems. The study aims to inform on rural finance policies and innovative instruments by examining both supply...
Persistent link: https://www.econbiz.de/10012557752
Persistent link: https://www.econbiz.de/10011393852
"Given the acknowledged need for a new effort to expand the set of available data on direct access to financial services, including a focus on access by those at low income, Honohan provides a selective review of the diverse sources of data that exist and considers how best to build on them. He...
Persistent link: https://www.econbiz.de/10010522594