The People’s Bank of China (PBC), the central bank of the People’s Republic of China, has reported significant growth in the country’s microcredit sector over the past three years, with the number of microcredit companies reaching approximately 7,000 and the total outstanding loans reaching CNY 700 billion (USD 115 billion) at the end of June 2013 in China .
Original Post available here.
Event site available here.
Beijing, China, October 19, 2008 – This conference shall bring together Chinese MFI and international investors, as well as other stakeholders.
The microfinance landscape in China is developing rapidly and various types of new institutions have entered the market in the past few years. As new institutions are being set up and older ones continue to grow, there is an increasing demand for outside funding.
Organized by the joint People’s Bank of China (PBC)-GTZ project on Microfinance and Rural Financial Sector Reform, this conference shall bring together Chinese MFI (mainly commercially oriented types such as Micro-Credit Companies and Village Banks), international investors, and other stakeholders.
The conference will provide an overview over the Chinese microfinance landscape. As speakers, co-sponsors can further make themselves visible to a wide range of MFI and government decision makers.
All participants have a unique chance to get to know each other and build their networks in our “Market Place”: International Investors will be given space to set up information booths and present themselves to the participating MFI.
Please visit the following homepage www.gtz-china.org/finance/pbc-gtz-2008. Details on registration will be available very soon.
Read more about the project on Microfinance and Rural Financial Sector Reform here.