DOCSLIB.ORG

Africa SME Finance Forum 2018 Harnessing Innovation Conference

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Africa SME Finance Forum 2018 Harnessing Innovation Conference Africa SME Finance Forum 2018 Harnessing Innovation May 2018 - Nairobi, Kenya Conference Proceedings Highlights 7 Study Visits 10 Fintech Pitches Day 1 Day 2 Attendee Testimonials Conference Speakers proceedings Sponsors and Partners SMEFF members menu Africa SME Finance Forum 2018 – Harnessing Innovation May 2018 – Nairobi, Kenya menu Conference Highlights: The Africa SME Finance Forum 2018 ments and remittances, and youth en- examined the key challenges faced by trepreneurship finance. MSMEs in Africa, and explored innova- tive local and global best practice solu- The Africa Forum also featured glob- tions to promote youth entrepreneur- al good practices and cutting-edge ship and enhance access to financing innovations by bringing leading and for MSMEs. The conference focused on successful innovators, international- how Africa is harnessing digital tech- ly recognized experts, and successful nology to disrupt traditional banking practitioners to share their perspectives industry and to create new banking in- and experiences. The conference was frastructure to fill gaps where there has preceded by member only study vis- been a lack of access to financial ser- its to financial institutions and fintechs vices. Topics covered included block- that have innovative ways of serving chain and SME finance, incumbent and SMEs clients. “challenger” banking, electronic pay- 2 Study Fintech Day 1 Day 2 Attendee Speakers Conference Sponsors and SMEFF menu Visits Pitches Testimonials proceedings Partners members 70+ 7 320+ Speakers Study Visits Attendees 170+ 12 23 Institutions Fintech Demo B2B Market Place Vendors 3 menu Africa SME Finance Forum 2018 – Harnessing Innovation May 2018 – Nairobi, Kenya menu Study Visit Equity Bank Equity Bank presented its history and Equity Bank key focus areas, including MSMEs, agri- culture finance, the work of the Equity Commercial Bank of Africa Group Foundation, agency banking and their fintech solutions. The format of the Uber visit was a museum-style tour guided by the key area specialists along the panels, specifically prepared for our visit. Sokowatch Kountable Mastercard Tala 4 Study Fintech Day 1 Day 2 Attendee Speakers Conference Sponsors and SMEFF menu Visits Pitches Testimonials proceedings Partners members Equity Bank CBA Uber Commercial Bank of Africa presented an Uber focused on their auto loan program overview of mobile banking in East Af- and experience with their bank partner rica and Kenya, strategy and history of – Stanbic Bank. The presentation was m-Shwari, including product demo, cus- followed by an office tour and a conver- tomer experiences and impact. sation with UBER drivers. Study visit Study 5 menu Africa SME Finance Forum 2018 – Harnessing Innovation May 2018 – Nairobi, Kenya menu Study visit Study Sokowatch Kountable Mastercard Sokowatch presented their history and Kountable demoed their products for demo the Sokowatch model. They also resellers and entrepreneurs. They told shared their experience with implemen- us how they onboard new entrepre- tation of the model at the field level and neurs and track payments and deliveries. their plans. The visit concluded with an Kountable also presented the pitch they office tour and a discussion with the use for banks and other lenders on part- team. nering with them, including their value proposition, eligibility, risk management and KYC/AML. 6 Study Fintech Day 1 Day 2 Attendee Speakers Conference Sponsors and SMEFF menu Visits Pitches Testimonials proceedings Partners members Kountable Mastercard Tala Mastercard Labs for Financial Inclusion Tala presented how they use mobile data presented and demoed their Masterpass to score credit. The visit concluded with Quick Response (MPQR) mobile pay- a discussion with the team ments solution. They also gave an over- view of the labs and their current proj- ects. Study visit Study 7 menu Africa SME Finance Forum 2018 – Harnessing Innovation May 2018 – Nairobi, Kenya menu Fintech Pitches Fintech Pitches Fintech Alternative Circle Kountable demoed their products for resellers and entrepre- neurs. They told us how they onboard new entrepreneurs and track payments and deliveries. Kountable also presented the pitch they use for banks and other lenders on partnering with them, including their value proposition, eligibility, risk management and KYC/AML. http://www.alternativecircle.com 8 Study Fintech Day 1 Day 2 Attendee Speakers Conference Sponsors and SMEFF menu Visits Pitches Testimonials proceedings Partners members LenddoEFL LenddoEFL’s mission is to provide 1 billion people access to powerful financial products at a lower cost, faster and more conveniently. They use AI and advanced analytics to bring together the best sources of digital and behavioral data to help lenders in emerging markets confidently serve under- banked people and small businesses. https://include1billion.com Fintech Pitches Fintech 9 menu Africa SME Finance Forum 2018 – Harnessing Innovation May 2018 – Nairobi, Kenya menu Q-Lana Fintech Pitches Fintech Q-Lana is a comprehensive and easy to use cloud-based credit management platform serving SME Banks and their clients in developing countries. http://www.q-lana.com 10 Study Fintech Day 1 Day 2 Attendee Speakers Conference Sponsors and SMEFF menu Visits Pitches Testimonials proceedings Partners members Topicus Finance Topicus helps banks, insurers and service providers make financing simple and accessible for consumers and entre- preneurs. It solves frustrating problems in processes by using technology as it is intended: a way of making things easier and more effective. Especially when it comes to complex fi- nancial matters. https://topicus.com Fintech Pitches Fintech 11 menu LendEnable LendEnable is a data aggregation and analytics company that works with lenders across emerging markets to help them Fintech Pitches Fintech build high quality SME loan portfolios and to grow their busi- ness. It provides a suite of tools that significantly reduces the turn-around-time and the cost involved in sourcing relevant creditworthy clients. http://www.lendenable.com Study Fintech Day 1 Day 2 Attendee Speakers Conference Sponsors and SMEFF menu Visits Pitches Testimonials proceedings Partners members N-Frnds N-Frnds is a ground-breaking cloud-based SaaS platform providing enterprises unparalleled reach to customers and suppliers in emerging markets. They digitize entire ecosys- tems, drive and deliver solutions such as branchless banking, supply chain automation, loyalty solutions and digital govern- ment services to all citizens. http://www.nfrnds.com Mobbisurance Mobbisurance is a South African based startup that is ded- icated to providing access to affordable crop insurance to smallholder farmers. They utilize satellite imagery to, ana- lyze crop growth, identify crop stress that is due to adverse weather such as drought or floods, and to also quantify the extent of damage. https://mobbisurance.com Tala Tala is an innovative, fast-paced mobile technology start- up, that provides a credit scoring and reporting platform to financial services institutions in emerging countries. https://tala.co Pitches Fintech 13 menu Africa SME Finance Forum 2018 – Harnessing Innovation May 2018 – Nairobi, Kenya menu SME Credit Pro The SME Credit Pro platform combines an online, intuitive, Fintech Pitches Fintech easy to fill out MSME information application with third party innovative data sources, artificial intelligence, and machine learning to provide MSMEs in Africa with the business, finan- cial, and credit ratings http://www.smecreditpro.com 14 Study Fintech Day 1 Day 2 Attendee Speakers Conference Sponsors and SMEFF menu Visits Pitches Testimonials proceedings Partners members Uber Pitches Fintech Uber Technologies is a peer-to-peer ridesharing, food delivery, and trans- portation network company headquartered in San Francisco, California, with operations in 633 cities worldwide https://www.uber.com Tag Pay TagPay has developed a digital banking platform that powers 30+ financial services in 15+ countries, with a strong footprint in Africa. The TagPay digital banking platform replaces the legacy core banking system of the financial institution. With its open architecture and APIs, TagPay allows the bank to be at the center of the digital financial service ecosystem. http://en.tagpay.fr 15 menu The Things Network The Things Network is building a network for the Internet of Things by creating abundant data connectivity, so business- Fintech Pitches Fintech es can flourish. They use a technology called LoRaWAN that allows for things to talk to the internet without 3G or WiFi. https://www.thethingsnetwork.org Study Fintech Day 1 Day 2 Attendee Speakers Conference Sponsors and SMEFF menu Visits Pitches Testimonials proceedings Partners members May 14 2018 DAY 1 Opening remarks Dr. Patrick Ngugi Njoroge, Governor, Central Bank of Kenya Keynote: Innovations key to unlocking SME Finance Aliou Maiga, Regional Industry Head, FIG, Sub-Saharan Africa, IFC Connecting Africa’s SMEs to Wider Markets Grant Brooke, CEO, Twigafood and Matthew Gamser, CEO, SME Finance Forum Executive summary of farmers and vendors, and opens a new set of possibilities for Kenya’s agricultural sector. Twiga’s activities also enable it to Kenya’s food market accounts for 45 percent of consumer predict future prices. This allows for the creation of a new type spending because the market is fragmented and inefficient. In- of commodity market, which in turn will enable a secondary deed, about 30 percent of stock is lost in
Load more

Recommended publications
  • BANKING for IMPACT a Historical Review of Our Partner Financial Institutions, Their Business Models and Key Developments
    WHITE PAPER NOVEMBER 2018 BANKING FOR IMPACT A historical review of our partner financial institutions, their business models and key developments This publication follows of a series of white papers produced by Symbiotics intended to share market intelligence on different topics related to microfinance, financial inclusion and impact investing. Building on our track record of partnering with financial institutions in emerging and frontier markets, we have prepared this paper in order to trace the evolution of the financial inclusion sector. The paper thus offers a broad understanding of the specificities and differences that exist between financial institutions of different regions, types and size. This paper was written by Ramkumar Narayanan. A special thanks to Roland Dominicé, Brendan Mackinnon and Marina Parashkevova Holmegaard for their valuable contributions, as well as to Patrick d’Huart, Duncan Frayne, Vincent Lehner, Yvan Renaud, Jérôme Savelli and Sebastian Sombra for their review and market expertise insights. The publication was proofread by Danielle Carpenter and designed by James Atkins Design Ltd and Pierre Weber. Legal Disclaimer This paper contains general information only. Symbiotics is not by means of this paper rendering professional advice or services. The content of this paper is meant for research purposes, with an aim to broaden and deepen the understanding of financial inclusion in emerging and frontier markets. This paper refers to specific figures, outcomes and performances. Such references are made for research purposes only and are not intended as a solicitation or recommendation to buy or sell any specific investment product or services. Similarly, the information and opinions expressed in the text have been obtained from sources believed to be reliable and in good faith, reflecting the view of the authors on the state of the industry or on the firm’s practice, but no representation or warranty, expressed or implied, is made as to its accuracy or completeness.
    [Show full text]
  • Knowledge Exchange and Data Networking And
    - ACCELERATING FINANCE FOR BUSINESSES - KNOWLEDGE EXCHANGE AND DATA NETWORKING AND CONVENING ADVOCACY AND POLICY CHANGE The SME Finance Forum has over 100 members from 42 countries Members by % % % % Organization 52 26 11 11 Financial Fintech Development Associations Type Institutions companies finance institutions NORTH EUROPE EAST ASIA AMERICA AND PACIFIC 20 % 16 % 26 % Advisory Board Issac Awundo, Group Managing Director, Commercial Bank of Africa Thomas DeLuca, CEO and Founder, AMP Credit Technologies Aysen Kulakoglu, Head of Department, Undersecretariat of Members the Turkish Treasury by Region Dawei Liu, Senior Vice President, CreditEase Jay Singer, Senior Vice President, Global SME Products, Mastercard 9 % Peer Stein, Advisor, Financial 15 % SOUTH Institutions Group, International ASIA 4 % Finance Corporation AFRICA 10 % LATIN AMERICA Devrim Tavil, International Head AND CARIBBEAN of SME Banking, BNP Paribas MIDDLE EAST AND CENTRAL ASIA List of all member organizations • ACCIS • CreditEase • Inter-American Investment • OPIC • ADFIAP • CRIF Corporation • Oxigen • Afriland First Bank • DCB Comemrcial Bank • International Factors Group • Palestine Investment Bank • Akiba Commercial Bank • DHGate • International Finance Corporation • PERC • AMP Credit Technologies • Diamond Bank • Intesa Sanpaolo • PRASAC • Ant Financial • Dianrong • Janalakshmi Financial Services • Qianhai Credit Bureau • Asian Credit Fund • DigiVation • Kabbage • Rakuten • Asifma • Ecobank • Kafalah SME Loan Guarantee • RBL Bank • Association of Banks in Malaysia
    [Show full text]
  • 0113 Titlepage
    APRACA FinPower Programme A Review of Rural Finance Innovations in Asia: New Approaches, Best Practices and Lessons Ramon C. Yedra With Special Sponsorship of the International Fund for Agricultural Development (IFAD) APRACA FinPower Publication 2007/4 A Review of Rural Finance Innovations in Asia: New Approaches, Best Practices and Lessons Ramon C. Yedra With Special Sponsorship of the International Fund for Agricultural Development (IFAD) i Published by: Asia-Pacific Rural and Agricultural Credit Association (APRACA) Printing by: Erawan Printing Press Distribution: For copies write to: The Secretary General Asia-Pacific Rural and Agricultural Credit Association (APRACA) 39 Maliwan Mansion, Phra Atit Road Bangkok 10200, Thailand Tel: (66-2) 280-0195, 697-4360 Fax: (66-2) 280-1524 E-mail: [email protected] Website: www.apraca.org Editing: Benedicto S. Bayaua Layout credit: Sofia Champanand E-Copies: E-copies in PDF file can also be downloaded from APRACA’s website. This review is published by APRACA under the auspices of the IFAD-supported APRACA FinPower Program. The review was commissioned through APRACA CENTRAB, the training and research arm of APRACA. The data gathered were based on primary and secondary data, interviews and information with key informants in selected APRACA represented countries. Opinions expressed by the author do not necessarily represent the official views of APRACA nor of IFAD. This review is published during the incumbency of Mr. Thiraphong Tangthirasunan (APRACA Chairman), Dr. Do Tat Ngoc (APRACA Vice-Chairman), Mr. Benedicto S. Bayaua (Secretary General). ii MESSAGE from the APRACA CHAIRMAN and VICE-CHAIRMAN reetings! This review of rural financial innovations and best practices is a testimony of APRACA’s G strong commitment to pursue the promotion of efficient and effective rural financial systems and broadened access to rural financial services in order to help reduce rural poverty among countries in Asia and the Pacific.
    [Show full text]
  • Accelerating Financial Inclusion in South-East Asia with Digital Finance Asian Development Bank Table of Contents
    ACCELERATING FINANCIAL INCLUSION IN SOUTH-EAST ASIA WITH DIGITAL FINANCE ASIAN DEVELOPMENT BANK TABLE OF CONTENTS PREFACE 3 EXECUTIVE SUMMARY 4 1 INTRODUCTION 7 2 CURRENT SITUATION AND OPPORTUNITY 9 3 FRAMEWORK TO IDENTIFY BARRIERS TO FINANCIAL INCLUSION 11 4 IMPACT OF DIGITAL FINANCE 18 5 QUANTIFYING THE IMPACT OF DIGITAL IN FINANCIAL INCLUSION 41 6 SEGMENT-SPECIFIC INSIGHTS 43 7 COUNTRY-SPECIFIC INSIGHTS 50 8 CONCLUDING REMARKS 65 9 APPENDIX 67 2 PREFACE Supporting financial sector development has been a strategic priority for ADB over the past several decades because of the critical role the financial sector plays in facilitating economic growth. ADB’s long-term strategic framework, “Strategy 2020,” emphasizes financial inclusion as an essential part of financial sector development: Without access to formal financial services, the unserved and underserved segments of society will be excluded from growth and its benefits.1 Digital finance presents a potentially transformational opportunity to advance financial inclusion. ADB engaged Oliver Wyman and MicroSave to conduct the following study on the role digital finance can play in accelerating financial inclusion, focusing on four Southeast Asian markets – Indonesia, the Philippines, Cambodia, and Myanmar. This study – informed by more than 80 stakeholder interviews across the four markets, extensive secondary research, and economic analysis – is an endeavour to better understand and quantify the nature of this impact. Oliver Wyman is a global leader in management consulting with a specialization in financial services. As a recognized thought leader in financial inclusion and digital finance, Oliver Wyman has a strong body of client work covering a broad range of financial institutions, regulators, and multilateral agencies.
    [Show full text]
  • Form 603 Notice of Initial Substantial Holder
    Form603 Form 603 Corporations Act 2001 Section 671B Notice of initial substantial holder To: Company Name/Scheme: Apollo Tourism & Leisure Ltd ACN/ARSN: 614 714 742 1. Details of substantial holder Name Mitsubishi UFJ Financial Group, Inc. The holder became a substantial holder on: 28/04/2021 The holder became aware on: 30/04/2021 2. Details of voting power The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate had a relevant interest in on the date the substantial holder became a substantial holder are as follows: Class of securities Number of securities Person's votes Voting power (%) Fully Paid ordinary shares 9,403,663 9,403,663 5.05% 3. Details of relevant interests The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows: Holder of relevant interest Nature of relevant interest Class and number of securities Relevant interest in securities that Morgan Stanley has a relevant interest in under section 608(3) of Mitsubishi UFJ Financial Group, Inc. the Corporations Act as Mitsubishi UFJ Financial 70,000 Fully paid ordinary shares Group, Inc. has voting power of over 20% in Morgan Stanley. Relevant interest in securities that Morgan Stanley has a relevant interest in under section 608(3) of Mitsubishi UFJ Financial Group, Inc. the Corporations Act as Mitsubishi UFJ Financial 812,969 Fully paid ordinary shares Group, Inc.
    [Show full text]
  • Campaign Endorsers - the Smart Campaign - Keeping Clients First in
    Campaign Endorsers - The Smart Campaign - Keeping Clients First in ... http://www.smartcampaign.org/about-the-campaign/campaign-endorsers Get email updates Search ﺍﻋﺮﺑﻲ English Español Français Русский About the Campaign Campaign Endorsers Campaign Endorsers E-mail Print Campaign Mission & Goals Endorsing The Smart Campaign signifies your commitment to the Client Protection Endorse the Campaign Principles and a signal that you are ready to take the next steps towards implementing Take the first step towards protecting The Client Protection the principles within your daily operations. your clients and endorse The Smart Principles Campaign » What is your role in the Campaign? Learn all about how you can take action in The Campaign Endorsers Smart Campaign » Campaign Steering Microfinance Institutions » Networks & Associations » Committee & Leadership Investors & Donors » Supporting Organizations » What's Your Role? Individuals » Whether you’re a microfinance Campaign Sponsors organization or an individual, you have a valuable role to play in The Smart Client Protection Campaign » Certification Program Microfinance Institutions/Retail Financial Service Providers Aadarsha Welfare Society, India Frequently Asked Questions AB Bank Zambia Ltd., Zambia AB MicroFinance Bank Nigeria, Nigeria Donate Today ABC Microfinance - Babyloan, France A Call to Business Trading Ltd., Sierra Leone Contact Us AccessBank Azerbaijan, Azerbaijan AccessBank, Liberia AccèsBanque Madagascar, Madagascar AccessBank Tajikistan, Tajikistan AccessBank Tanzania Ltd, Tanzania
    [Show full text]
  • Annual Report 2020
    NEW HATTHA BANK TOWER PROJECT ANNUAL REPORT 2020 BUILDING A BRIGHT FUTURE TOGETHER CONTENT A. OPERATIONAL HIGHLIGHTS 2 32 Modernize Hattha Mobile B. FINANCIAL HIGHLIGHTS 4 33 Products and Services C. SOCIAL PERFORMANCE HIGHLIGHTS 5 37 Call Center D. CAMBODIA’S KEY ECONOMIC INDICATORS 6 37 Human Resources E. BUSINESS PARTNERS 7 39 The Spirit and The Letter F. COVERAGE AND DISTRIBUTION NETWORKS 8 40 I. INTERNAL CONTROL AND INTERNAL AUDIT G. CORPORATE INFORMATION 9 40 Internal Audit Shareholder 9 41 Risk Management About Hattha Bank 11 42 Compliance Vision, Mission and Core Values 12 43 J. SOCIAL PERFORMANCE MANAGEMENT Hattha Bank Milestones 13 44 Corporate Social Responsibility Message from Chairman 14 45 Environmental Performance Indicators Message from President & CEO 16 45 K. BOARD OF DIRECTORS REPORT H. BUSINESS REVIEW 17 51 L. AUDITED STATEMENTS FROM INDEPENDENT AUDITOR Board of Directors 17 51 Balance Sheet Board of Directors Meeting 20 53 Income Statement Executive Committee Members 23 54 Statement of Changes in Equity Organizational Structure 28 55 Statement of Cash Flows Key Accomplishment in 2020 29 57 M. THREE YEARS FINANCIAL SUMMARY The Change of Logo 31 ANNUAL REPORT 1 2020 A. OPERATIONAL HIGHLIGHTS LOAN PORTFOLIO Change Change Description (USD) 2018 2019 2020 (Amount) (%) Total Loan 757,326,744 1,050,928,838 1,322,729,009 271,800,171 26% Loan in KHR 72,363,197 160,299,247 219,051,919 58,752,672 37% Loan in USD 657,518,847 852,453,574 1,056,319,548 203,865,974 24% Loan in THB 27,444,700 38,176,017 47,357,541 9,181,525 24% Hattha Bank offers loan to a customer with 3 currency types such as: Khmer Riel, United States Dollar and Thai Baht.
    [Show full text]
  • Project Details
    Early Warning System IFC-41721 DCM BAY Women Entrepreneur Bond Early Warning System IFC-41721 DCM BAY Women Entrepreneur Bond Quick Facts Countries Thailand Financial Institutions International Finance Corporation (IFC) Status Approved Bank Risk Rating FI Voting Date 2019-06-13 Borrower Bank of Ayudhya Public Company Limited Sectors Finance Ring Fence Small & Medium Enterprises Investment Type(s) Loan Investment Amount (USD) $ 150.00 million Project Cost (USD) $ 220.00 million Early Warning System https://ews.rightsindevelopment.org/ [email protected] Early Warning System IFC-41721 DCM BAY Women Entrepreneur Bond Project Description According to the bank website, "The proposed investment entails IFC anchor investment of up to US$150 million in a US$220 million privately-placed, senior, unsecured USD-denominated “Women Entrepreneurs Bonds” to be issued by Bank of Ayudhya Public Company Ltd. (“Krungsri” or the “Bank”) to finance the expansion of the Bank’s women-led small and medium enterprises (“WSME”) loan portfolio (the “Project”). The Project will support the Bank’s ongoing efforts to increase its lending portfolio to WSMEs, an important sector that drives economic growth and employment, and to promote resilient and sustainable growth and strengthen financial inclusion in Thailand. Krungsri is the fifth largest commercial bank in Thailand, in terms of total assets, with 11.4% market share of total banking sector assets (US$67 billion) as of December 2018. The Bank has a leading position in consumer lending and ranks #1 in retail and #5 in the SME and corporate loan segments. Krungsri is listed on the Stock Exchange of Thailand, with a market cap of US$9.4 billion as of July 31, 2019 and is recognized as a Domestic Systematically Important Bank by the Bank of Thailand.
    [Show full text]
  • Krungsri's Cambodian Subsidiary Hattha Kaksekar Obtains
    Mitsubishi UFJ Financial Group, Inc. (MUFG) MUFG Bank, Ltd. Krungsri’s Cambodian Subsidiary Hattha Kaksekar Obtains Commercial Banking License Tokyo, September 8, 2020 --- MUFG and MUFG Bank’s consolidated subsidiary Bank of Ayudhya Public Company Limited (Krungsri) [1] ’s consolidated subsidiary Hattha Kaksekar Limited (HKL), a microfinance institution located in the Kingdom of Cambodia, has obtained a commercial banking license in Cambodia and was renamed HATTHA Bank Plc., effective August 26. Cambodia possesses the potential for sustainable economic growth due to increasing income driven by its relatively young and expanding population, in addition to its geographically advantageous location between two core economies of the Mekong region, the Kingdom of Thailand and the Socialist Republic of Vietnam. Krungsri acquired HATTHA Bank in 2016 with the aim of entering the microfinance business in Cambodia. By leveraging Krungsri’s expertise, HATTHA Bank has been growing steadily. Additionally, by providing its customers with access to financial services through microfinance HATTHA Bank plays an important role in MUFG’s efforts to promote financial inclusion. Through its conversion to a commercial bank, HATTHA Bank aims to provide high-quality services to meet its customers’ diverse needs by offering financial services such as deposits and funds transfers to both retail and corporate customers, in addition to providing access to microfinance to its existing retail customers. MUFG, together with its strategic partner banks Krungsri, PT Bank
    [Show full text]
  • Microcapital Monitor the Candid Voice for Microfinance Investment
    Volume2 Issue3 March 26, 2007 MicroCapital Monitor The Candid Voice for Microfinance Investment MICROCAPITAL BRIEFS Full articles available on-line at MicroCapital.org, search by date Top Stories: What is the Role of Public Funds? A new paper about the role of publicly-owned financial institutions investing in microfinance was featured in the Economist newspaper and has caused a significant stir within the industry. In response, CGAP, the leading policy outfit for microfinance, will INSIDE THIS ISSUE host an on-line discussion March 28-30 on its portal www.microfinancegateway.org. Please join us in this discussion as the topic is critically important. Please see the full paper 1 MicroCapital Briefs: Track microfinance review within our Paper Wrap Up section below. investment and other industry news BBVA Invests $260mm in Latin America Paper Wrap Up: Track research and Forbes Magazine reported a 200 million euro, approximately equal to USD 259.94 million, 6 recommendations investment in microfinance made by Spanish Banco Bilbao Vizcaya Argentaria SA (BBVA) through local strategic partners Caja Nor and Caja Sur in Peru, Corporacion Mundial de la Upcoming Events: Track industry events Mujer of Colombia, and Medellin, also of Columbia. BBVA is also working to develop 8 similar relationships with microfinance institutions in Mexico. BBVA plans to extend Who’s Who: Know the individuals behind microfinance investments beyond Latin America. Founded in 1995, Caja Nor is a financial 9 institution operating in Peru with USD 41.3 million in total assets as of 31 December 2005. the organizations. Featured organizations: Caja Sur does not share financial information.
    [Show full text]
  • MICRO and SME FINANCE MARKET OUTLOOK  a Survey
    MICRO AND SME FINANCE MARKET OUTLOOK A survey PUBLIC PAPER “Development investment is defi ned as capital mobilised to carry out for-profi t investment in developing countries and development-related sectors of society.” MARKET OUTLOOK GLOBAL GROWTH FORECAST FOR THE MSME FINANCE SECTOR THE EXPERTS SPEAK Survey highlights CONFIDENCE BAROMETER 70 The confi dence barometer is, like many 2012 sentiment indicators in fi nancial markets, 65 a visualization of interviewees’ responses 2014 2015 to the question “How do you expect the MSME market in your region / country to be 60 2013 2017 next year, compared to this year?” Those responding “better” are graded at 100, 55 2016 “similar” at 50 and “worse” at 0. Confidence level 50 45 40 Source: responsAbility survey As shown above, while confi dence levels are lower than in previous Outlook publications (2012–15), this year’s outlook shows a rebound from that of last year (which was still narrowly in positive territory). This coincides with the fi ndings from our experts, several of whom have experienced economic slowdowns in their markets and conse- quently expect a rebound next year. KEY RESULTS AT A GLANCE As last year, our experts forecast an average growth rate of 10–15 % for the market in 2017. OF OUR EXPERTS EXPECT THE SHARE OF SME FINANCING IN THEIR MARKETS TO INCREASE The majority of interviewees believe that OVER THE NEXT YEARS, WITH IN EXPECTING AN interest rates for the end client in their INCREASE OF MORE THAN . markets will decline in 2017. 65 % of those interviewed anticipate moderate or substantial OVER consolidation in their markets in the next twelve months.
    [Show full text]
  • List of APRACA Member Institutions by Type/Category (87 Members As of 1 November 2020)
    List of APRACA Member Institutions by Type/Category (87 Members as of 1 November 2020) A. Central Banks/Regulatory Authority (11) 1. National Bank of Cambodia 2. Bangladesh Bank 3. Reserve Bank of India 4. Bank Indonesia 5. Nepal Rastra Bank 6. State Bank of Pakistan 7. Bangko Sentral ng Pilipinas 8. Central Bank of Sri Lanka 9. Bank of Thailand 10. Bank of Papua New Guinea 11. Microcredit Regulatory Authority, Bangladesh B. Agricultural/Rural Development Banks (22) 1. Aqrarkredit Joint-Stock Credit Organization of Azerbaijan Republic 2. Bhutan Development Bank Limited 3. Rural Development Bank of Cambodia 4. Agricultural Development Bank of China 5. National Bank for Agriculture and Rural Development, India 6. Bank Rakyat Indonesia 7. Bank Keshavarzi (Agricultural Bank), Iran 8. Japan Finance Corporation 9. Agricultural Promotion Bank of Laos 10. AGRO Bank, Malaysia 11. Myanmar Agricultural Development Bank, Myanmar 12. Agricultural Development Bank Limited, Nepal 13. Land Bank of the Philippines 14. People’s Bank of Sri Lanka 15. SANASA Development Bank, Sri Lanka 16. Regional Development Bank of Sri Lanka 17. Bank for Agriculture and Agricultural Cooperatives, Thailand. 18. Open Joint-Stock Commercial Agro Bank, Uzbekistan 19. Vietnam Bank for Agriculture and Rural Development, Vietnam 20. Vietnam Bank for Social Policies 21. Bangladesh Krishi Bank, Dhaka, Bangladesh 22. Fiji Development Bank C. Cooperative Banks/Federations and Cooperatives (10) 1. PKSF Bangladesh 2. BANK BUKOPIN, Indonesia 3. National Agricultural Cooperative Federation, Korea 4. National Cooperative Development Bank (NCDB), Nepal 5. National Co-op Agriculture and Rural Development Banks’ Federation Ltd, (NAFCARD), India 1 6. National Federation of State Cooperative Banks (NAFSCOB) , India 7.
    [Show full text]