ADB's Focus on the Finance Sector
In the Spotlight
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Credit Guarantee System Expands Finance for Mongolia’s Small and Medium Enterprises
ADB is supporting access to finance in several areas through direct lending and technical assistance, including projects that aim to help Mongolia’s Small and Medium Enterprises (SMEs) sustain their businesses and thereby foster growth, diversify the economy, lessen dependence on the mining sector, and create jobs. Watch video
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For sale—cheap: farms, buildings, cinemas, kindergartens and more
State-owned enterprises, including power utilities, in many countries, have collected a menagerie of assets unrelated to their core business. And they are selling cheap.
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Empowering Small Businesses in Maldives
Access to low-cost financing with limited collateral requirements has inspired many women to start family businesses in the beautiful Maldives.
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Women Entrepreneurs Are Agents of Growth in Armenia's SME Sector
Micro, small, and medium-sized enterprises play a critical role in the empowerment and economic freedom of women in Armenia, who are increasingly becoming agents of growth for the country's economy.
The financial system is the lifeline of a country’s economy. It creates prosperity that can be shared throughout society and benefit the poorest and most vulnerable people. Financial sector and capital market development, including microfinance, small and medium-sized enterprises, and regulatory reforms, is vital to decreasing poverty in Asia and the Pacific. Since the Asian financial crisis in 1997-1998, the region’s financial sector has strengthened significantly. However, it still lags substantially behind that of developed economies and room to grow.
Latest
Financial Technology Expands Reach of Banking Services in the Philippines
ADB worked with the central bank of the Philippines to create special regulatory conditions for Mindanao-based Cantilan Bank, allowing it to migrate its core banking system into the cloud.
Testing Fintech Bank Solutions in the Philippines
Only 3 out of 10 Filipinos have access to a bank account, many live in hard-to-reach places.
This brief provides an overview of Vanuatu’s finance sector, and discusses the key challenges and how they can be addressed.
Pacific Finance Sector Brief: Vanuatu
