Russians Withdrew a Year’s Worth of Cash in a Month Over Coronavirus Fears
Amid the coronavirus pandemic Russians are stocking up on cash.
Group of Non-Bank Lenders to Issue Pooled Debt Instruments
This will help firms below investment grade access the liquidity tap since such joint effort would typically enhance their credit rating.
FINCA International Launches Emergency Response Fund for COVID-19
FINCA International mobilized to address the needs of the most vulnerable in the countries where it works, launching the FINCA Emergency Response Fund.
Coronavirus Impact: MFIs Feel There Will Be Pent-Up Demand for Loans After Lockdown Ends
MFIs are hopeful of bouncing back as the stakeholders feel there will be pent-up demand for loans after the lockdown restrictions are lifted.
List of Digital Lenders Denied CRB Access by Central Bank of Kenya
The question that people have right now is: Which lenders were denied access to the CRBs by the Central Bank?
Microfinance Industry Groups Seek PM Modi’s Help to Secure Repayment Moratoriums on Term Loans
Both Sa-dhan, India's largest microfinance industry body with 212 members, and Microfinance Institutions Network (MFIN), the industry grouping for NBFC-MFIs, have separately urged the prime minister to take action.
Microfinance Industry Most Vulnerable to Lockdown and Moratorium
As first order impact, collection cycle may be hit, while lack of moratorium-relief from banks may squeeze out liquidity
RBI May Announce Separate Credit Line to Rescue MFIs
MFIs, like other financial institutions, are in a fix over whether they can avail of the moratorium benefit on term-loan repayments given to all borrowers
Toronto Centre Panel Examines COVID-19: Supervising the New Normal
Using stablecoins to facilitate financial stability and inclusion in unprecedented times.