In the third quarter of FY26, banks' microfinance portfolios shrank by 40%, marking the steepest decline among lenders, including NBFC-MFIs and small finance banks. Despite a 22% overall industry ...

Nigerian digital payments provider Moniepoint acquired a 78% stake in Sumac, a Kenyan microfinance bank, to build on an ...

The Bank of Ghana (BoG) has unveilled comprehensive reforms for the microfinance sector, imposing new minimum capital ...

Banks have turned cautious on microfinance after months of stress. The ₹20,000 crore guarantee seeks to de-risk lending and ...

The Chairman of FIT Group of Companies, Chief Loretta Aniagolu, has advocated for the establishment of more microfinance banks to deepen financial inclusion, aid development of real estate nationwide ...

Patricia Goja, Managing Director of Novus Microfinance Bank, has promised accessible and affordable financial services to the ...

LAPO Microfinance Bank has announced the launch of its N10 billion 5-year fixed-rate senior unsecured bond under the N30 billion Debt ...

Accessing microfinance bank loans can empower small business owners, entrepreneurs and farmers with the capital needed to grow operations, purchase equipment or smooth cash flow. By preparing ...

Banks expected to increase funding to NBFC MFIs as govt expands guarantee cover while MSME scheme tweaks aim to support ...