November 7, 2012

MALAYA BUSINESS INSIGHT: RBAP loans under MABS reaches P42B

The country’s rural banks were able to lend to over 970,000 new borrowers, disbursed a total of P42 billion, and opened nearly 900,000 new micro deposit accounts under the  Microenterprise Access to Banking Services (MABS), an organization funded by the U.S. Agency for International Development (USAID). On top of this, mobile banking has reached more …

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PHILIPPINE STAR: Microinsurance best for migrant workers

MANILA, Philippines – Migrants often serve as the equivalent of an informal insurance policy when adversity strikes their families back home but they themselves tend to be vulnerable and have limited access to social protection in host countries. Insurance could help address some of the risks involved but it is often too costly, complex and difficult to …

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