Experian’s Post

A five-point priority plan has been drawn up to tackle issues related to Cambodia’s microfinance industry in the wake of mounting concerns about the impact of the sector’s rapid growth https://lnkd.in/g2acfET8

An Overview of Microfinance Institutions and Related Developments in Pakistan This research work is an attempt to assess the current state of microfinance in #Pakistan with a view to collaboratively finding strategic and bespoke solutions to increasing the financial inclusion footprint in the country. Key Informant Interviews (KIIs) have been held with stakeholders across a wide spectrum comprising investors, development agencies, practitioners, apex bodies, credit bureau and regulators so that a candid and consensual approach may emerge with solutions that are practical and implementable. It was pointed out by stakeholders that Pakistan’s financial institutions are well established, and the legislative framework and regulatory structure have nimbly evolved to create sufficient  infrastructure  for  growth  across  the  board.  However, there  is  lack  of partnerships  among Microfinance Banks  and Non-Banks  Microfinance Companies. Going forward, financial institutions should focus on digital financial services to expand their network. https://lnkd.in/dNK97YYk Sustainable Development Policy Institute (SDPI) Dr. Abid Qaiyum Suleri Vaqar Ahmed #microfinance #digital #digitalfinance #digitalbanking #financialinclusion

Empowering Uganda's Banking Future! SCI Uganda/NCR and Avanza Solutions have joined forces to harness the potential of advanced digital platforms, transforming the banking industry and driving economic growth and financial stability across Africa. Together, we're shaping a brighter financial future for the continent! #DigitalTransformation #BankingInnovation #FinancialInclusion #UgandaBanks #AfricaRising #FintechPartnership #EconomicGrowth #FinancialStability

🚨⚠️📝Publication Alert📝⚠️🚨 🔎𝗔𝗻 𝗢𝘃𝗲𝗿𝘃𝗶𝗲𝘄 𝗼𝗳 𝗠𝗶𝗰𝗿𝗼𝗳𝗶𝗻𝗮𝗻𝗰𝗲 𝗜𝗻𝘀𝘁𝗶𝘁𝘂𝘁𝗶𝗼𝗻𝘀 𝗮𝗻𝗱 𝗥𝗲𝗹𝗮𝘁𝗲𝗱 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁���� 𝗶𝗻 𝗣𝗮𝗸𝗶𝘀𝘁𝗮𝗻🇵🇰 💸Investing in digital capabilities is crucial for both the government and private sector to pave the way for financial inclusion. Explore Microfinance in Pakistan with Asif Javed and Faeyza Khan 💡 👉For details, please read full-length article at https://lnkd.in/d3_QwXy3 #JoDPRP #Research #Journal #PolicyResearch

The microfinance sector in Pakistan faces significant challenges, including limited access to funding, complex regulatory hurdles, high operational costs, and client over-indebtedness. Additionally, risk management is a major concern due to economic instability and natural disasters, while limited financial literacy hampers effective utilization of microfinance products. Despite these obstacles, the sector holds immense potential for driving financial inclusion and socio-economic development. Collaboration, innovative solutions, and supportive policies are essential to overcoming these challenges. #Microfinance #FinancialInclusion #Pakistan #EconomicDevelopment #FinancialLiteracy

Despite the great strides made towards #financialinclusion across Sub-Saharan Africa, the journey to fully reach the unbanked and underbanked continues. Read more in this blog by The World Bank Group - https://lnkd.in/d4R82hbt #digitalpayments #collaboration

https://lnkd.in/eBupmnhB #Moretrophies2023! We have lived up to commitment and promise. Ambitiously driving exponential change and professional growth of Kilimanjoro Cooperative Bank. This win is reiterating our professionalism and regulators confidence on our corporate governance framework. Its a momuntal hallmark of our stakeholders and customers belief and confidence of our transformative agenda. From historically qualified financial statements over years to the top winner of 2023 Best Preseneted Financial statements for Financial Institutions Category. Nothing could be further from the truth, we are setting the bar so higher and cruising the victory red flag at the altitudes and latitudes beyond our senior frontiers and peeers above the stars! # Adapting. Adopting. Agile and Digital. KCBL is driving transformative initiatives to the birth of the first ever Fintech powered Co-operative Bank of Tanzania ( Co-op Bank). The change agenda is championing mass #financial inclusion and #renaissance of Tanzania Banking service access and competitive landscape! #The future is CoopBank!

Fintechs are and will continue to play a major role in addressing financial inclusion for the masses of our People in Mzansi and our continent. Especially addressing the needs for financial services and products at (what I call) “the last financial mile”. #theLastFinancialMile #fintechs #financialInclusion

Kenyan banks are stepping up as crucial stabilizers and educators in the financial sector. With only 38% of Kenya's adults deemed financially literate, banks are not just facilitating transactions but are actively strengthening economic resilience by offering innovative digital solutions, financial education, and tailored support to customers. Amidst rapid digitization and economic challenges, institutions like Absa Bank are leading the charge, enhancing financial literacy, and offering flexible, high-yield savings options to empower Kenyans to navigate these uncertain times with confidence and foresight. #KenyanBanksStability #FinancialLiteracy #EconomicResilience #DigitalBankingInnovation #AbsaBankKenya

The 2007 Kenya Vision 2030 put the provision of financial services at the core of planned economic growth. The main objectives of the Vision were to enhance stability, increase efficiency of credit allocation and of financial services, and financial inclusion. A key outcome was enabling banks to start “agent banking” in their distribution channels. KASIB Chair, Donald Wangunyu, in the ‘Transformation of Kenya’s Financial Landscape’ on the Tax Prism Find out more about this here → https://t.co/vTRQO6stA9 #FinancialLiteracy #CapitalMarkets Capital Markets Authority- Kenya Absa Bank Kenya ABC CAPITAL BANK AIB-AXYS AFRICA Dry Associates Investment Bank Dyer & Blair Investment Bank Equity Bank Limited EFG Holding Faida Investment Bank Francis Drummond and Company Limited Genghis Capital Ltd KCB Bank Group Kingdom Bank Limited NCBA Group Old Mutual Kenya Pergamon Investment Bank Renaissance Capital SBG Securities Standard Investment Bank Securities Africa Sterling Capital Ltd SUNTRA INVESTMENTS LIMITED Nairobi Securities Exchange PLC Central Depository & Settlement Corporation