Tag "World Bank"

Myanmar Expands Access to Financial Services with World Bank Support

The World Bank’s Board of Executive Directors today approved a $100 million credit to support Myanmar in improving the access of families and small and medium-sized businesses to financial services. Myanmar’s Financial Sector Development Project aims to promote the development

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World Bank’s IFC To Invest US$25M In CompareAsiaGroup

CompareAsiaGroup, a financial comparison service in Southeast Asia, is about to raise US$25 million from the World Bank Group’s private equity arm, the International Finance Corporation (IFC). The IFC said in the filing that the proposed investment in CompareAsiaGroup “aligns

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Fintech Money Transfer Startups Eye Vietnamese Remittance Market

Vietnam currently stands as one of the top ten remittance recipient countries in the world. In 2014, more than US$12 billion have been remitted to the country, making it the 9th largest remittance recipient, according to a World Bank report.

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World Bank President: ‘Universal Access To Financial Services Is Within Reach – Thanks To New Technologies’

At the 2015 World Bank Group-IMF Spring Meetings in April, the World Bank Group and its partners have discussed ways of helping promote financial inclusion and achieve universal financial access by 2020. Commenting on the latest developments of the Universal

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