News and Press Releases

October 26, 2010
A significant number of people using new technologies such as mobile phones to access financial services in developing countries are completely new clients for the financial services industry, according to new research by CGAP.
October 19, 2010

More than 200 researchers, practitioners and business leaders will convene in New York for a first look at new research results on the impact of microfinance. This new research follows on the tails of an initial report released in 2009 of the first ever randomized evaluations of microfinance, which sparked a debate over whether and how much microfinance is helping the poor.

October 13, 2010

A growing number of investors in microfinance globally are paying greater attention to environmental, social, and governance (ESG) priorities in their investment decisions, and are increasingly reporting on these issues to their own financial backers, according to a new survey by CGAP.

October 12, 2010
CGAP recognized three microfinance asset managers as being “best in class” for their commitment to environmental, social, and governance (ESG) issues in their investment decisions.
October 6, 2010
Groundbreaking study shows potential for microfinance institutions to serve small savers profitably through cross-selling, fees, and use of new technologies.
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September 28, 2010
The initial public offering (IPO) of Indian microfinance lender SKS marks a critical transition for microfinance, say the authors of a new CGAP paper, “Indian Microfinance Goes Public: The SKS Initial Public Offering” because it proves that accessing capital markets is a viable proposition for microfinance institutions.
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September 16, 2010

Even as economies globally were contracting as a result of the financial crisis in 2009, access to formal finance in developing countries grew. An estimated 2.7 billion people around the world have no access to formal financial services. But the picture of financial inclusion is shifting, finds a new report by CGAP and the World Bank Group.

August 31, 2010

CGAP today announced that Tilman Ehrbeck will be its new CEO. Ehrbeck, a Partner at McKinsey & Company, will succeed Elizabeth Littlefield, who was recently appointed President and CEO of OPIC (Overseas Private Investment Corporation). The CGAP CEO is also Director at the World Bank Group.

June 28, 2010

CGAP welcomed this weekend’s announcement by the Group of 20 (G20) Leaders that they have developed a set of “Principles for Innovative Financial Inclusion” that will support efforts to accelerate the delivery of financial services to the poor using innovative approaches.

June 24, 2010
The Senate has confirmed the appointment of former CGAP CEO Elizabeth Littlefield to head the Overseas Private Investment Corporation (OPIC).

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