The World Bank is helping the Indian government to scale up a women's empowerment initiative in one of the poorest regions of India to bring transformational change to the lives of rural women, their families,...
Date: June 20, 2017
Type: Feature Story
Language: English
WASHINGTON, June 15, 2017— The World Bank today approved a package of $223 million to help millions of Pakistanis, especially women and the poor, to get access to financial services and to improve...
Date: June 15, 2017
Type: Press Release
Language: English
New World Bank report analyzes Malaysia’s journey on financial inclusion during the past two decades Malaysia has achieved one of the highest levels of financial inclusion among Southeast Asia countries,...
Date: May 22, 2017
Type: Press Release
Language: English
Washington, DC, April 18, 2017 — The World Bank Group today welcomed the GSMA, the global body representing nearly 800 mobile operators and 300 companies in the broader mobile ecosystem, to its coalition...
Date: April 18, 2017
Type: Press Release
Language: English
DAR ES SALAAM, April 11, 2017–In less than eight years, there has been extraordinary progress in bringing the majority of Tanzanians into the mobile money revolution, mostly by adopting an efficient, low-cost...
Date: April 11, 2017
Type: Press Release
Language: English
A lack of adequate collateral is preventing many of Nigeria’s small businesses from accessing the capital needed to grow, according to a new report The Credit Crunch, published by IFC and the Central Bank...
Date: March 14, 2017
Type: Feature Story
Language: English
KATHMANDU, March 2, 2017 — The World Bank has approved a US$ 100 million credit to help Nepal accelerate its medium term reform program for the financial sector and to reduce the vulnerability of the banking...
Date: March 2, 2017
Type: Press Release
Language: English
1. What is the current state of Uganda’s economy? The Ugandan economy has grown at a much slower pace than in the past. Growth declined by 0.2 percent in the first quarter of 2016/17, and overall growth...
Date: February 8, 2017
Type: Feature Story
Language: English
KAMPALA, February 7, 2017 – The days of queuing up at the bank for a teller are numbered. More Ugandans are accessing cash at their convenience - at point of sale, and also via automated teller machines,...
Date: February 7, 2017
Type: Feature Story
Language: English
KAMPALA, February 7, 2017 – Today, the World Bank launched its new Economic Update for Uganda, titled “Step by step - Let’s solve the finance puzzle to accelerate growth and shared prosperity”. It shows...
Date: February 7, 2017
Type: Press Release
Language: English
The Middle East and North Africa is considered to be the most financially excluded region in the world, where only 21% of adults (about 42 million) have access to an account (excluding the Gulf countries)....
Date: December 20, 2016
Type: Feature Story
Language: English
Kuala Lumpur, Malaysia – Malaysia is one of 17 economies that implemented reforms in the East Asia and Pacific to improve the business climate for local entrepreneurs. It is one of the top performing economies...
Date: December 13, 2016
Type: Feature Story
Language: English
Washington, DC, Dec 1, 2016 — The World Bank Group has added 16 new partners to the coalition of institutions that are committed to help achieve Universal Financial Access (UFA) by the year 2020. These...
Date: December 1, 2016
Type: Press Release
Language: English
Since the crisis of 2008, a shortage of finance has shut many eligible borrowers out of credit markets in developing countries, limiting job-creating investment in small enterprises and cutting off resources...
Date: November 18, 2016
Type: Feature Story
Language: English
With 2 billion adults worldwide lacking access to formal financial services, promoting broader financial inclusion has risen to the top of the global development agenda. Through its Universal Financial...
Date: October 3, 2016
Type: Feature Story
Language: English
How natural disasters are paid for makes a big difference to the total economic cost. Ministries of finance receive countless financial protection proposals from reinsurers and banks, but often lack the...
Date: September 27, 2016
Type: Feature Story
Language: English
Natural disasters do not discriminate, affecting coastlines and mountain villages, prairies and plateaus, major and minor cities—in corridors largely populated by the poor. Committing financial resources...
Date: September 21, 2016
Type: Feature Story
Language: English
Kuala Lumpur, September 21, 2016 — Bank Negara Malaysia, the Central Bank, and the World Bank Group’s Global Knowledge & Research Hub in Malaysia are jointly conducting a Global Symposium on Innovative...
Date: September 21, 2016
Type: Press Release
Language: English
Lombok Timur, Indonesia, September 20, 2016 - For many families in East Lombok, an impoverished district in eastern Indonesia, remittances from relatives working overseas are often the only source of income....
Date: September 20, 2016
Type: Feature Story
Language: English
Hakan Altinay is one of Turkey’s first aerospace engineers, the first person in the country to build a robot, and a successful businessman in the high-tech industry. He’s also a devout Muslim, so when...
Date: September 12, 2016
Type: Feature Story
Language: English
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