Remove 2022 Remove Central Bank Remove Financial Inclusion
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Financial Inclusion and Fintech Drive Bangladesh’s Economic Transformation

The Fintech Times

The country has also achieved considerable poverty reduction, with moderate poverty levels dropping from nearly half of the population in 2010 to around 30 per cent by 2022, according to the World Bank. Financial inclusion Building on this momentum, Bangladesh launched its first National Financial Inclusion Strategy 2021-2026.

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Laos’ Path to Financial Inclusion: Mobile Money, Digital Payments, and Future Growth

The Fintech Times

The country is focusing on fintech solutions like mobile payments and cross-border systems to boost financial inclusion and economic growth. In the formal financial sector, key developments included Banque Pour Le Commerce Exterieur Lao (BCEL) launching a mobile application to facilitate payments and transactions for cardholders.

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The Rise of Fintech in Cambodia: Driving Growth and Financial Inclusion

The Fintech Times

Cambodia is leveraging fintech innovations and strategic reforms to boost economic growth, financial inclusion and international partnerships, positioning itself as a key player in the Southeast Asian digital economy. Cambodia has also ventured into central bank digital currencies (CBDCs). million in 2021 to 19.5

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How can Fintech Improve Financial Inclusion in the Pacific Island Countries?

The Fintech Times

This is much lower than mobile penetration rates across the world, with the Asia-Pacific region’s being 62 per cent as of 2022. With a myriad of factors impacting success including cultures and remoteness, traditional financial institutions have struggled to establish themselves. appeared first on The Fintech Times.

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National Strategy of Papua New Guinea Focuses on Financial Inclusion as Gender Gap Remains

The Fintech Times

To make sure more people have access to these services, the government of Papua New Guinea has been putting a focus on financial inclusion. It was established to act as the industry’s apex organisation for coordinating, advocating and monitoring all financial inclusion activities in the country.

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Ziina Secures Stored Value Facility Licence From UAE Central Bank and Expands Range of Services

The Fintech Times

Ziina , a UAE-based financial platform supporting consumers and entrepreneurs, has secured the Stored Value Facility (SVF) licence from the UAE Central Bank , enabling it to expand its range of financial services. per cent in 2022 to 19.4 per cent within the next decade.

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Fintech in the Caucasus: Armenia, Azerbaijan & Georgia

The Fintech Times

Armenia Population: +2,967,000 Capital, financial hub and largest city: Yerevan Gross domestic product (GDP) per capita: +$8,500 Access to a formal financial account (adults): 52.3 per cent Central Bank of Armenia (CBA) Armenia’s growth has been driven in part by its young, tech-savvy population.

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