All News and Announcements
Philippines’ Financial Industry and NGO Groups Link for Faster COVID-19 Subsidy Delivery
Private companies join hands in support of the government’s social amelioration program to Filipinos severely affected by the COVID-19 enhanced community quarantine (ECQ) through the promotion of alternative encashment facilities nationwide.
Remittance Woes: Job Losses, Closed Borders Sap Nations of $660B
The amount of money migrant workers send to their home countries usually holds up well in a crisis. Not this time.
SBP Adopts Measures to Promote Digital Payments
In order to curtail the risk of spread of coronavirus and limit the physical interaction of citizens at bank branch level, the State Bank of Pakistan has waived all bank charges for online fund transfer services and the transactions charges on Real Time Gross Settlement System for customers.
Tunisia Puts First Woman Doctor, Tewhida ben Sheikh, on New Banknotes
Tunisia’s apex bank, Central Bank of Tunisia last Thursday, March 26, unveiled new banknotes honouring a female history maker in the country’s medical history.
Unbanked Firms Stand to Miss Out
Often bypassed by banks, the informal sector is unlikely to get much benefit from the government's Tk 727.50 billion stimulus package, fear economists.
Banks and Microfinance Institutions to Remain Fully Operational During COVID-19 Crisis
The Association of Banks in Cambodia (ABC) and the Cambodia Microfinance Association (CMA) have announced that all services will continue to be offered throughout the current COVID-19 pandemic, according to a joint statement by the ABC and CMA released last week.
50 Nations Promised Cash to Fight COVID-19
50 nations promised cash to fight Covid-19, but few, like India and Bangladesh, are doing it right. India’s trinity of Jan Dhan, Aadhaar, and mobile communications — or JAM — can work wonders if it is used extensively to reform citizen–state engagement.
Which Fintech Sectors Will Emerge Fighting Fit From the Current COVID-19 Crisis?
While the current pandemic induced crisis is yet to reach its peak, and is leaving a trail of personal and economic destruction, a new landscape should be expected to emerge when the dust settles.