News and Press Releases

March 11, 2010
CGAP,announced a new partnership with the UK Department for International Development (DFID) to expand ongoing global efforts to use information and communication technologies (ICT), especially mobile phones, to increase access to basic financial services for the poor. In addition to a 2006 grant from the Bill & Melinda Gates Foundation and CGAP funding, DFID will provide GBP 8 million to the CGAP Technology Program.
March 8, 2010
High-level representatives from 18 countries discuss best way to regulate branchless banking; increasing access to financial services to the world’s poor depends in large part on regulatory frameworks that strike the right balance between protecting customers and promoting the innovation required for branchless banking to flourish.
February 24, 2010
Recent repayment troubles in four rapidly-growing microfinance markets do not stem from the financial crisis, according to a report by CGAP, but from the way that microfinance operates in fast-growth markets.The authors examine recent repayment troubles in four rapidly-growing but disparate microfinance markets and conclude that the problems observed are closely associated with the growth phases each country experienced from 2004 to 2008.
February 22, 2010
Lawmakers in the United States and Europe are implementing meaningful new protections for financial consumers, generating fierce policy debates and leading those working in developing countries to consider what it means for them. At the same time, borrower defaults in several microfinance markets have focused attention on the issue of responsible finance.

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