• Tue, 18 Sep 2018 01:00
    Epic Lanka ties up with VisionFund
    AWARD-WINNING regional technology leader Epic Lanka (Pvt) Ltd recently announced a strategic partnership with VisionFund Lanka (VFL), the local subsidiary of global microfinance giant VisionFund International, to deliver a state-of-the-art digital Mobile Branchless Banker Platform to enhance its distribution of services in Sri Lanka’s micro-finance sector.
    ASEAN+
  • Fri, 10 Aug 2018 01:00
    Cashless microfinance trend in India offers model for helping Thailand’s poor
    THE integration of cashless technology in microfinance lending in Mumbai is being studied as a model for how the innovation’s success in India’s business hub can be applied to help the urban poor in Thailand.
    Economy
  • Tue, 24 Jul 2018 01:00
    Commercial Bank inaugurates micro-finance firm in Myanmar
    THE COMMERCIAL Bank of Ceylon has opened a microfinance company as its second subsidiary in Myanmar, two years after opening a Representative Office in Yangon that offers advisory services, banking, funds transfer and encashment services to Sri Lankan and Bangladeshi businesses operating in the country.
    Corporate
  • Mon, 12 Mar 2018 01:00
    IFC to boost support for microfinance in Myanmar
    INTERNATIONAL Finance Corporation (IFC), a private sector arm of World Bank Group, has invested US$23.5 million (about Bt736 million) in four microfinance institutions (MFIs) in Myanmar, and is eager to invest more this year.
    Economy
  • Tue, 17 Oct 2017 19:16
    Thitikorn revs up for full entry into Myanmar market
    Thitikorn (TK), a leading Thai hire-purchase provider in the motorcycle segment, is entering the Myanmar market with plans to operate a new company – Mingalaba Thitikorn Microfinance – established with registered capital of 200 million kyat (Bt4.85 million).
    Corporate
  • Sat, 23 Sep 2017 01:00
    MGS deepens push into property
    MYANMAR Golden Star Group of Companies (MGS Group), which is engaged in beverages, banking and microfinance, has expanded its business portfolio by prioritising hospitality and real estate.
    ASEAN+
  • Mon, 24 Apr 2017 16:56
     Krungsri pumps $15 million into Cambodian microfinance subsidiary
    Krungsri (Bank of Ayudhya) has announced the capital injection of US$15 million (Bt515 million) into Hattha Kaksekar Limited (HKL), a wholly owned microfinance subsidiary in Cambodia. 
    Breaking News
  • Mon, 24 Apr 2017 16:55
     Krungsri pumps $15 million into Cambodian microfinance subsidiary
    Krungsri (Bank of Ayudhya) has announced the capital injection of US$15 million (Bt515 million) into Hattha Kaksekar Limited (HKL), a wholly owned microfinance subsidiary in Cambodia. 
    Breaking News
  • Mon, 30 Jan 2017 01:00
    Ngern Tid Lor aims for bigger slice of insurance business
    NGERN TID LOR, the auto-title loan provider and microfinance and nano-finance arm of Bank of Ayudhya, is determined to improve its insurance-brokering business and gain vehicle-loan market share from local players as it strives to maintain double-digit growth amid “red-ocean” competition.
    Corporate
  • Tue, 04 Oct 2016 01:00
    Group Lease buys into Lanka finance firm
    GROUP Lease, a microfinance company listed on the Stock Exchange of Thailand, is investing Bt2.5 billion to purchase a 29.99-per-cent stake in Commercial Credit & Finance (CCF), a Sri Lankan financial group.
    Economy
  • Fri, 23 Sep 2016 01:00
    Krungsri enters Cambodia with acquisition of HKL
    BANK of Ayudhya (Krungsri) has announced its entry to Cambodia by completion of the acquisition of Hattha Kaksekar Ltd (HKL), a microfinance institution.
    Economy
  • Thu, 08 Sep 2016 01:00
    Group Lease strengthens ties with Sri Lankan financial group
    SET-listed microfinance company Group Lease (GL) plans to collaborate further with Commercial Credit & Finance, a Sri Lankan financial group, to strengthen its microfinance businesses in Indonesia and Cambodia after GL acquired a microfinance company in M
    Economy
  • Wed, 11 May 2016 01:00
    Branch expansion helps two firms’ earnings
    TWO HIRE-PURCHASE and microfinance operators enjoyed a nice increase in earnings in the first quarter of this year thanks to aggressive branch expansion to enhance lending.
    Economy
  • Thu, 21 Apr 2016 01:00
    A twist on microfinance delivers new weapon against poverty
    Bangladesh is ground zero for microfinance. Over the decades since Fazle Abed founded BRAC and Muhammad Yunus started Grameen Bank, the strategy of providing micro-sized loans to borrowers has helped increase income and consumption for the poor, ensured f
    opinion
  • Thu, 17 Mar 2016 01:00
    Ngern Tid Lor offers fast cash in car refinancing
    NGERN TID LOR CO, a microfinance and auto-refinancing subsidiary of Bank of Ayudhya, is spending Bt150 million to rebrand itself in a bid to be the Kingdom’s leading auto-refinancing firm.
    Economy
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