BANK OF PAPUA NEW GUINEA Microfinance Expansion Project: Financial Education Update Financial inclusion is a multi-dimensional, pro-client concept, encompassing; better access, better products and services, and better use. The major challenge lies with the better use component. Without the … [Read more...]
Progress Out of Poverty Index (PPI) in use by SPBD Fiji
PROGRESS OUT OF POVERTY INDEX (PPI) IN USE BY SPBD FIJI The Progress Out of Poverty Index (PPI) for Fiji is now finalized and available for use in Fiji. The full report and documentation of the PPI is available at the following link: www.microfinance.com/#Fiji. The Fiji National Financial Inclusion … [Read more...]
Two Financial Inclusion Expositions Hosted by the RBF in August
RESERVE BANK OF FIJI (RBF) The Reserve Bank of Fiji, in partnership with twenty (20) stakeholders and selected microentrepreneurs, was part of the Financial Inclusion Village at the 2014 Vodafone Hibiscus Festival from 16-23 August. The stakeholders included commercial banks, insurance companies, … [Read more...]
Australian MBA @ at IBBM with Chifley
PNG INSTITUTE FOR BANKING AND BUSINESS MANAGEMENT 2015 enrolments are now open for IBBM’s flexible MBA program that provides an opportunity to advance your career whilst helping you maintain a balanced lifestyle and working life. Download the brochure here. … [Read more...]
ADB/PSDI Partners with Nationwide Microbank to Nurture Women’s Business Skills in Fishing Villages
NATIONWIDE MICROBANK PNG’s Nationwide Microbank (NWB) and the Asian Development Bank’s (ADB) Pacific Private Sector Development Initiative (PSDI) have agreed to join forces to assist women in two small fishing villages to gain entrepreneurial skills and take their produce to market. The partnership … [Read more...]
UN invites private sector to help the Pacific’s unbanked access financial services
PACIFIC FINANCIAL INCLUSION PROGRAMME (PFIP) The United Nations Development Programme (UNDP) and the UN Capital Development Fund (UNCDF) has launched a new funding facility, inviting financial service providers to develop new ways of enabling low-income and rural Pacific Islanders to access … [Read more...]
Software Group helps improve access to financial services in Papua New Guinea
SOFTWARE GROUP Software Group are currently implementing an Electronic banking platform for a prominent financial institution in Papua New Guinea. The project includes Mobile Banking, ATM and Point of Sale systems, a Card Management Solution and integration with other financial institutions to … [Read more...]
FDB Forges Partnership to Assist Rural Women
THE FIJI DEVELOPMENT BANK (FDB) The Fiji Development Bank continues to forge new relations to develop the grassroots people. On 15 September 2014 FDB signed official documentation that will provide a $2MM loan to the South Pacific Business Development (SPBD) Microfinance (Fiji) Ltd. This is an … [Read more...]
PFIP- Australia Supports Financial Inclusion Programme
PACIFIC FINANCIAL INCLUSION PROGRAMME Australian Secretary for the Department of Foreign Affairs and Trade Peter Varghese launched a AUD$14.15 million (FJD$24 million) three-year partnership today with the Pacific Financial Inclusion Programme, aimed at increasing financial services for … [Read more...]
SPBD Network drives Social Performance and Financial Education Forward
SOUTH PACIFIC BUSINESS DEVELOPMENT The rollout of the Financial Education Programme (FEP) has been a main emphasis of the activities of the SPBD Network in 2013 and 2014. The Financial Education Program (FEP) has been launched in a staggered format since the second half of 2013. The focus is on … [Read more...]
