Tag: Financial institutions
Use of remittances to encourage the unbanked to open accounts—a missed opportunity
The activities of many entrepreneurs in Senegal require financial flexibility that banks and microfinance institutions find difficult to provide. Life would be much easier for people like Abdoulaye, if financial institutions were to partner with money transfer companies to create digital profiles and develop an alternative credit history to extend them credit. Read Abdoulaye’s story.
Nov 20, 2020
Sustaining savings groups linked to financial institutions amid the COVID-19 crisis
In this blog, we look at some of the recommendations put across by MSC on how savings groups can cope with the “new normal life” that has been brought about by the Covid-19 pandemic, overcome the economic shocks, and build resilience against similar future pandemics.
Oct 1, 2020
Free virtual training on Digital Transformation for Financial Institutions
Olivia Obiero and Anant Tiwari, deliver a FREE virtual training on “Digital Transformation for Financial Institutions in the backdrop of COVID-19”, through a three-hour interactive session.
Sep 27, 2020
Digital transformation for financial institutions- Opportunity and impact
Digital transformation offers financial institutions better efficiency, more customers, and greater profits. It can also provide an edge to the post-COVID recovery of organizations. Here’s how Equity bank transformed itself and increased profitability in the face of various adversities.
Sep 17, 2020
Survival, recovery, and building resilience: Transformation of financial institutions in the times of COVID-19 – Part 2
This blog looks at how financial institutions can build upon the survival strategies to recover and transform during the COVID-19
pandemic and afterward.
Aug 21, 2020
Survival, recovery, and building resilience: Transformation of financial institutions in the times of COVID-19 – Part 1
The COVID 19 global pandemic has affected the lives, health, and livelihoods of entrepreneurs, and they have been struggling to repay loans from financial institutions. This blog highlights recommendation from MSC for financial institutions to survive in the wake of COVID-19.
Aug 13, 2020