The risk of “de-risking” – the process of international banks disassociating from financial partners, such as small remittance providers and local banks – is that it could push people out of the financial system completely.
Contractual savings institutions, such as mutual funds, pensions, and insurance companies, can drive investments that offer financial returns while creating social and environmental impact.
Small businesses are the backbone of the Vietnamese economy. The government should take decisive action to help them, particularly those owned by women.
Insurance companies, pension funds, and other institutional investors in Asia and the Pacific can pave the way to a resilient and sustainable future.
Small and medium-sized enterprises make up more than 96% of all Asian businesses. Their survival and resilience is essential for a green recovery.
Despite being a “high-touch” business, microfinance institutions found ways to connect with their clients during the pandemic, with backing from governments and the private sector
Just as past crises triggered international and regional financial cooperation, the pandemic offers an opportunity to collectively improve financial resilience and soundness.