Mobile Money Adoption Increased During the Pandemic by 4 Percent: Karandaaz Survey on COVID-19’s Impact on Financial Behavior
Survey findings on the impact of COVID-19 on financial behavior show that while financial inclusion in Pakistan increased from 21 percent of adults pre-pandemic to 25 percent in late 2020, the change was driven entirely by mobile money adoption.
Tunisia: Islamic Social Financing to Support Efforts to Recover and Rebuild From COVID-19 Pandemic
The initiative will include the International Dialogue on the Role of Islamic Social Financing in Achieving the SDGs, which will launch critical discussions including with global leaders and Islamic institutions on the role of Islamic social financing.
Apply for the 2021 Fintech Innovation Challenge by 11 June!
Women’s World Banking’s Fintech Innovation Challenge provides a global stage to highlight fintech innovations focused on building women's security and prosperity in the face of global inequalities.
Symbiotics Arranges a Sustainability Bond in Armenia With AraratBank for $14.5 Million
Microenterprises and SMEs will benefit from the Social loans to encourage employment creation and business activity in the country.
UN Special Advocate Queen Máxima Announced as the 2021 Financial Health Visionary Award Recipient
The Award is given to individuals who have shown unparalleled leadership in building a more accessible and inclusive financial system, and who seek to continue to inspire and encourage the next generation of leaders to innovate new solutions for the financially underserved.
Early Bird Registration for Cracking the Nut® 2021 is Open Until 30 June!
Register now to join the conversation on building resilient food, water, and energy systems!
Latin America and the Caribbean Leaders Look to Digital & Women for Sustainable Recovery
High-level representatives from Latin America and the Caribbean noted that digital means continued to offer alternative modes for countries to achieve their financial inclusion goals and reach worst-impacted groups.
IFC and KMF to Help Micro and Small Entrepreneurs in Kazakhstan Weather the Impact of COVID-19
Micro and small enterprises (MSEs) in Kazakhstan stand to benefit from a new investment which aims to help businesses recover from the economic shock of the COVID-19 pandemic, resume operations, and adapt to the post-crisis environment.
Vietnam: Virtual Events Scheduled to Mark Cashless Day
Data from the State Bank of Vietnam shows that the number of non-cash transactions has been on a rise in Vietnam during the pandemic.
Thai Household Debt Skyrockets from Credit Cards, Loans and Car Loans
The Bank of Thailand has been asked to review the ceiling of interest rates and supervise credit cards, personal loans and car loans, as the Thai government has vowed to tackle high household debt, incurred by credit card and personal loans.