Citibank Microfinance

Spandana Microfinance appoints Sandeep Soni as CEO

Posted on July 20th, 2011 in Asian Banker Award, best Managed NBFC, Citibank Microfinance, India Shares, MFI's in India, Padmaja Reddy, sandeep soni, Spandana Financial Services, spandana microfinance ceo, spandana news

Spandana Sphoorty Financial Ltd., one of the largest microfinance companies in India has appointed the former Managing Director at Citigroup, Mr. Sandeep Soni, as its Chief Executive Officer (CEO). In a career spanning almost two decades, Mr.Soni has w…

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Banks support Indian microfinance lenders

Posted on November 02nd, 2010 in about sks microfinance, BASIX Microfinance, Citibank Microfinance, empowering women through microfinance, how many microfinance institutions, importance of microfinance, India Shares, job in microfinance company in india, Malini Byanna, MFI Home Loan, Microfinance Funding, Microfinance Insights, Microfinance Lenders India, Microfinance News Digest, Microfinane Defaults, sbi, self help groups microfinance, significance of microfinance, Standard Chartered Microfinance, start microfinance company, Urban Poor, Vikram Akula, what is a microfinance bank, what is microfinance bank

mfi home loanIndia’s banking industry has thrown its support behind microfinance lenders after weeks of upheaval and confusion. Major banks like the State Bank of India, Standard Chartered and Citi have all agreed to continue lending to microfinance firms. The multi-billion dollar industry was on the brink of a mass default. Read more on BBC News MFIs [...]

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Citibank to lend US$ 250 Million through MFI’s in developing countries.

Posted on September 24th, 2009 in Citibank Microfinance, India Shares, MFI's in India, OPIC

US-based Overseas Private Investment Corporation has approved $ 250 million funding to Citibank to give loans to microfinance entities in emerging markets.

OPIC will risk participate in Citi originated and funded local currency loans to MFIs, which in turn make small loans to micro-borrowers in Africa, the Middle East, Asia, Eastern Europe and Latin America, a [...]

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