Bank of Russia Proposes Doubling Cash Payout Limits for Microfinance Lenders and Quadrupling for Pawnshops
Companies

Bank of Russia Proposes Doubling Cash Payout Limits for Microfinance Lenders and Quadrupling for Pawnshops

A draft central bank rule would raise cash-desk issuance limits for MFOs, pawnshops and credit cooperatives, while leavi...

Declan Byrne 👁 37 💬 0
EFinance Bets on New Non-Banking Deals as Profit Jumps 62.5%
Companies

EFinance Bets on New Non-Banking Deals as Profit Jumps 62.5%

EFinance has taken full control of SME and microfinance provider Tamweely and a minority stake in Welsy, extending its e...

Declan Byrne 👁 57 💬 0
KMF Bank Seeks International Investor as Foundation Moves to Minority Role
Companies

KMF Bank Seeks International Investor as Foundation Moves to Minority Role

KMF Bank, Kazakhstan’s leading microfinance lender turned full bank, is in talks to bring in a strategic foreign investo...

Declan Byrne 👁 39 💬 0