MICROFINANCE EVENT: ING Bank Will Host the “A Billion to Gain? The Next Phase” Microfinance Seminar

A BILLION TO GAIN? THE NEXT PHASE

JUNE 16, 2008, AMSTERDAM, NETHERLANDS

The ING Group published an updated study on the microfinance activities of large, international financial institutions, called “A Billion to Gain? The Next Phase”. ING will hold a seminar to highlight the study, discuss latest trends, and debate central banks’ role in microfinance. The conference hopes to attract commercial banks and international microfinance representatives.

Key speakers will include CEO of Spandana, Mrs. Padmaja Reddy; director of BNP Paribas, Mr. François Debiesse; and President of the Dutch Central Bank, Mr. Nout Wellink. The conference will also host an open debate on the subject “Commercial banks and MFIs- a promising marriage?”

The recent study is the latest update to the 2006 “A Billion to Gain: A study on global financial institutions and microfinance” also reported by ING. One can also read MicroCapital stories on the recent report as well as the 2006 study.

ING Groups is a Dutch company which provides world wide banking, investment, life insurance, and retirement services to over 75 million private, corporate, and institutional clients. It is the 16th largest global financial institution by market capitalization and reported a net profit of EUR 9.2 billion in 2007.

Registration for the conference opens April 7, 2008. Registration fees have not yet been posted. For more information, one can email ing.microfinance.support@mail.ing.nl, as no contact number is currently listed. Developments will also be posted in ING’s Microfinance website.

by Jennifer Lee

Additional Resources:

ING: Home, Microfinance Home, Microfinance Seminar

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