News Roundup: Worldwide Momentum for BOP Projects

Rob Katz — Wed, 03 Jan 2007 16:59:14 -0500

Recent stories from around the world highlight different aspects of the BOP theory in action – and all are collected in our BOP Newsroom. A selection of some of the latest BOP news:

ADB Approves $320m Loan to Pakistan for IT and Financial Services

An ADB loan package totaling US$320 million will improve access of Pakistan's poor to wider financial services. Key activities will include:

the promotion of better technology for delivering financial services more efficiently and at lower cost
expanding the range and quality of financial products and services including those for the Islamic market
developing public-private partnerships
stepping up reliable business and credit information and systems
expanding fast, reliable and lower-cost remittance services for overseas workers
capacity building for financial institutions and authorities
support for literacy (financial and basic) to improve access to finance and its utilization for sustained economic growth.

Mexican Firms Explore Microinsurance

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News Roundup: Worldwide Momentum for BOP Projects