PRESS RELEASES
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Pakistan a Proving Ground for Innovations in Mobile and Agent Banking
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October 10, 2011
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Financial services have traditionally been out of the reach of people in poor and remote areas in Pakistan. Now a number of developments are turning the country into a virtual laboratory for innovations that promise an end to this financial exclusion. Both the government and the private sector are making moves that make Pakistan a market worth watching, according to CGAP, the global industry body dedicated to advancing financial access for the world’s poor.
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Global Experts Offer a First Look at New Research On Microfinance Impact and Innovation
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October 19, 2010
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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.
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Microfinance Investors Show Growing Commitment to Social Priorities
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October 13, 2010
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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.
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IPO Represents a Critical Transition for Microfinance, CGAP
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September 28, 2010
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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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Tilman Ehrbeck Named as New CEO of CGAP
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August 31, 2010
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Ehrbeck, a Partner at McKinsey & Company, will succeed Elizabeth Littlefield, who was recently appointed President and CEO of OPIC (Overseas Private Investment Corporation). Ehrbeck brings nearly 20 years of experience in banking, management, and public sector work to CGAP, and a wealth of expertise in the area of financial inclusion.
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Financial Inclusion is the Buzz at Dakar Mobile Banking Summit
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June 15, 2010
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Harnessing the power of technology could dramatically increase access to financial services for poor people around the world says CGAP, a microfinance group based at the World Bank, and the Alliance for Finance Inclusion (AFI), a global network of policymakers in developing countries.
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