MICROFINANCE EVENT: Mobile Money in the European Bank for Reconstruction and Development (EBRD) Region, March 14, 2013, London, United Kingdom

Event Name: Mobile Money in the European Bank for Reconstruction and Development (EBRD) Region

Event Date: March 14, 2013

Event Location: European Bank for Reconstruction and Development (EBRD) Headquarters, London, United Kingdom

Cost: This event is by invitation only.

Summary of Event:  This event will serve as a platform to discuss mobile money and raise awareness of the challenges and opportunities specific to expanding access to mobile money in EBRD’s 29 member countries in Eastern Europe, Central Asia and North Africa. Representatives of banks and mobile companies working in the region will lead discussions on potential business models, regulatory requirements and how to drive consumer adoption. The results from a recent EBRD study on mobile money initiatives in the region will also be presented.

Background on Organizers: EBRD is a London-based multilateral financial institution. The bank began operations in 1991 upon the agreement of 40 countries and is now owned by 61 countries as well as the European Investment Bank and the European Union. It aims to finance operations that are both commercially viable and assist development in 29 countries in Eastern Europe, Central Asia and North Africa. It does this by providing loans, debt securities, equity investments, guarantees and technical assistance to micro- and small businesses via commercial banks and non-bank microfinance institutions (MFIs). In 2011, EBRD disbursed a total of EUR 6.7 billion (USD 8.3 billion).

Event Website: http://www.ebrd.com/pages/news/events/mobile-money.shtml

For more information, you may contact the organizers through the information request form located at the following website: http://www.ebrd.com/pages/about/contacts/form.shtml by email at communications[at]ebrd.com or by telephone at +44 20 7338 6000.

By Brian LeBlanc, Research Associate

Sources and Additional Information:

EBRD, “Mobile Money in the EBRD Region,” http://www.ebrd.com/pages/news/events/mobile-money.shtml

MicroCapital story, March 8, 2013, “EBRD Plans $200m to Expand Turkish Sustainable Energy Finance Facility (TurSEFF) for Small and Medium-sized Enterprises, Private Households,” https://www.microcapital.org/microcapital-brief-ebrd-plans-200m-to-expand-turkish-sustainable-energy-finance-facility-turseff-for-small-and-medium-sized-enterprises-private-households/

MicroCapital story, February 25, 2013, “Minsk Transit Bank Belgazprombank of Belarus Access $50m Facility for SME Energy Efficiency from European Bank for Reconstruction and Development (EBRD),” https://www.microcapital.org/microcapital-brief-minsk-transit-bank-belgazprombank-of-belarus-access-50m-facility-for-sme-energy-efficiency-from-european-bank-for-reconstruction-and-development-erbd/

MicroCapital story, September 9, 2011, “European Bank for Reconstruction and Development (EBRD) to Loan $4m in Local Currency to Microfinance Institution MFI Kompanion of the Kyrgyz Republic,” https://www.microcapital.org/microcapital-brief-europrean-bank-for-reconstruction-and-development-ebrd-to-loan-4m-in-local-currency-to-microfinance-institution-mfi-kompanion-of-the-kyrgyz-republic/

MicroUniverse Profile: European Bank for Reconstruction and Development https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=European+Bank+for+Reconstruction+and+Development+%28EBRD%29

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