The Committee on Rural Development of the Philippines’ House of Representatives recently approved a bill that would implement a “financial and digital literacy program” to boost access to financial services – including
Tag: Phillipines
MICROCAPITAL BRIEF: Incofin Loans $2m to Bina Artha for Microfinance, Small Business Loans for Rural Women in Indonesia
Recently, Belgium-based Incofin Investment Management (IM) lent USD 2 million from its Incofin CVSO fund to Bina Artha, a microfinance institution (MFI) in Indonesia. Incofin IM acknowledges that
MICROCAPITAL BRIEF: BSP Promoting E-money Usage, Financial Access in the Philippines via “Digital Payments Transformation Roadmap 2020-2023”
Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, recently released its Digital Payments Transformation Roadmap 2020-2023, which outlines steps for reaching: (1) half of retail sales volume being paid via digital channels; and