MSME

EQS-News: ProCredit Management Board presents updated business strategy for a broadened ProCredit footprint on its second Capital Markets Day

Retrieved on: 
Wednesday, April 10, 2024

On the back of a very successful year 2023, the Management Board presented the updated business strategy of the group, which foresees significantly increasing ProCredit’s footprint in its existing markets in South Eastern and Eastern Europe over the next years.

Key Points: 
  • On the back of a very successful year 2023, the Management Board presented the updated business strategy of the group, which foresees significantly increasing ProCredit’s footprint in its existing markets in South Eastern and Eastern Europe over the next years.
  • “We want to firmly position ourselves as the leading bank for MSMEs in our region and build a strong reputation as an attractive bank for private individuals.
  • The Management Board also highlighted a change in direction with regard to its approach to the retail sector.
  • The presentation materials, as well as a recording of the Capital Markets Day 2024 event, are available in the Investor Relations section of the ProCredit Holding website at https://www.procredit-holding.com/investor-relations/capital-markets-day/
    Andrea Kaufmann, Group Communications, ProCredit Holding, Tel.

EQS-News: ProCredit group reaches key milestones in its comprehensive sustainability strategy in 2023 and defines further targets

Retrieved on: 
Wednesday, April 10, 2024

With the inauguration of our own “ProEnergy” solar park to the electricity grid in Kosovo in July 2023, the ProCredit group took an important step towards achieving climate neutrality.

Key Points: 
  • With the inauguration of our own “ProEnergy” solar park to the electricity grid in Kosovo in July 2023, the ProCredit group took an important step towards achieving climate neutrality.
  • A number of other initiatives contributed to the reduction of ProCredit’s ecological footprint in 2023 and thus reinforced the group’s sustainability strategy.
  • Furthermore, the ProCredit group was able to maintain its 100% recycling rate for paper waste and electronic waste in 2023.
  • The Impact Report Package 2023 of the ProCredit group as well as the Annual Report 2023 are available as of today on the ProCredit Holding website in the Investor Relations section at:

13 APAC Mobile Wallet and Digital Bank Leaders Sign up for New MSME Initiative to Accelerate Inclusion and Sustainability Efforts

Retrieved on: 
Tuesday, March 26, 2024

International Finance Corporation (IFC), a member of the World Bank Group, will collaborate with Ant International to develop and promote a set of Digital Sustainability Impact Management Toolkits in the next two years.

Key Points: 
  • International Finance Corporation (IFC), a member of the World Bank Group, will collaborate with Ant International to develop and promote a set of Digital Sustainability Impact Management Toolkits in the next two years.
  • Corporates and businesses today face increasing reporting requirements from regulators, financial institutions, and supply chain partners to disclose and track their sustainability performances.
  • “We always talk about financial and digital inclusion, but sustainability inclusion for MSMEs is becoming one of the most pressing challenges,” said Leiming Chen, Chief Sustainability Officer, Ant International.
  • With this, GCash has become their bridge to digital by providing essential tools – transforming the way they do business.

The Inner Mountain Foundation Joins DHgate to Empower Female Entrepreneurs at ASD Market Week

Retrieved on: 
Wednesday, March 13, 2024

LAS VEGAS, March 12, 2024 /PRNewswire/ -- The Inner Mountain Foundation , the newly-launched global women's empowerment organization, is excited to join this year's ASD Market Week in Las Vegas to introduce its US chapter to ASD visitors alongside its corporate partner, leading global B2B ecommerce marketplace DHgate .

Key Points: 
  • LAS VEGAS, March 12, 2024 /PRNewswire/ -- The Inner Mountain Foundation , the newly-launched global women's empowerment organization, is excited to join this year's ASD Market Week in Las Vegas to introduce its US chapter to ASD visitors alongside its corporate partner, leading global B2B ecommerce marketplace DHgate .
  • As the largest annual B2B wholesale trade show in the US, ASD Market Week (March 10th to 13th, 2024) is a regular fixture on the DHgate agenda.
  • "We are very excited to expand The Inner Mountain Foundation's presence to the US and look forward to introducing the many female entrepreneurs present at ASD Market Week to the resources and support network that the Foundation has amassed," said Diane Wang, Founder of The Inner Mountain Foundation and Founder, Chairperson and CEO of DHGATE Group.
  • The Foundation's party bus tour at ASD Market Week is the first in a series of offline events in the LA chapter.

BRI Microfinance Outlook 2024: President Jokowi Commends BRI's Commitment to Drive Economic Growth Through Financial Inclusion

Retrieved on: 
Monday, March 11, 2024

Sunarso added, "Thanks to President Jokowi's support, the initiative has reached 44 million MSME credit customers and 173 million depositors."

Key Points: 
  • Sunarso added, "Thanks to President Jokowi's support, the initiative has reached 44 million MSME credit customers and 173 million depositors."
  • Additionally, BRI demonstrates its commitment to financial inclusion through AgenBRILink, facilitating transactions outside traditional branch offices or ATMs, generating economic and social value.
  • She added, "With synergy, we can maintain Indonesia's economic growth at a high but inclusive level, benefiting MSMEs."
  • The annual BRI Microfinance Outlook 2024 aims to discuss MSMEs' vital role in economic growth.

Women's eNews and PowerUp Announce a Strategic Partnership to Empower Women and Bridge the Gender Funding Gap Worldwide

Retrieved on: 
Friday, March 1, 2024

NEW YORK, March 1, 2024 /PRNewswire-PRWeb/ -- Women's eNews, an award-winning, nonprofit news organization that provides exclusive coverage of the most crucial issues impacting women and girls around the world, and PowerUp, a new groundbreaking, nonprofit global business development and leadership program for seed-level, female-led ventures, announced today a strategic partnership that combines the power of media, network, data, coaching and professional training in order to empower women by bridging the Gender Funding Gap worldwide.

Key Points: 
  • Through its 3.5 million readership, Women's eNews will serve as a global platform for building awareness and showcasing female role models.
  • "Everyone deserves a level playing field for unlocking their genius," said Victoria Yampolsky, CEO and co-founder of PowerUp.
  • "This partnership takes us closer to fulfilling our mission of bridging the gender funding gap and enabling women around the world to pursue entrepreneurial opportunities and achieve financial freedom.
  • To become a corporate sponsor or a donor for PowerUp, reach out to Victoria Yampolsky at [email protected] .

Indonesia Data Center Colocation Market Supply & Demand Analysis 2023-2028: Rapid Digitalization and MSME Sector Growth Drive Data Center Demand as Indonesia Emerges as a Key DC Market in ASEAN

Retrieved on: 
Wednesday, February 7, 2024

DUBLIN, Feb. 6, 2024 /PRNewswire/ -- The "Indonesia Data Center Colocation Market - Supply & Demand Analysis 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 6, 2024 /PRNewswire/ -- The "Indonesia Data Center Colocation Market - Supply & Demand Analysis 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • The data center market in Indonesia has been growing rapidly and is the second major market after Singapore.
  • The Indonesia data center market has several local and global colocation operators and newer players.
  • The study of the existing Indonesia data center market landscape and insightful predictions about Indonesia data center market size during the forecast period.

Indonesia Data Center Colocation Market Report 2023: Market Projected to Grow by Over $1 Billion - Supply & Demand Analysis 2022-2028 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, February 6, 2024

The "Indonesia Data Center Colocation Market - Supply & Demand Analysis 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Indonesia Data Center Colocation Market - Supply & Demand Analysis 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • The data center market in Indonesia has been growing rapidly and is the second major market after Singapore.
  • The Indonesia data center market has several local and global colocation operators and newer players.
  • The study of the existing Indonesia data center market landscape and insightful predictions about Indonesia data center market size during the forecast period.

BRI's 2023 Stellar Performance: Earning Rp.60.4T Profits

Retrieved on: 
Thursday, February 1, 2024

JAKARTA, Indonesia, Jan. 31, 2024 /PRNewswire/ -- PT Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI) concluded 2023 with an exceptional financial performance, showcasing resilience and growth despite external challenges. The company's consolidated assets rose by 5.3% to IDR 1.965T, accompanied by a remarkable 17.5% year-on-year profit increase, reaching IDR 60.4T.

Key Points: 
  • The company's consolidated assets rose by 5.3% to IDR 1.965T, accompanied by a remarkable 17.5% year-on-year profit increase, reaching IDR 60.4T.
  • Effective risk management was another cornerstone of BRI's success, with Non-Performing Loans (NPL) controlled at 2.95% and NPL Coverage of 229.09%.
  • Despite high-interest rates, BRI achieved a 3.9% YoY deposit growth to IDR 1,358.3T by December 2023.
  • With over 740,000 agents, transactions reached IDR 1,427T in 2023, generating fee-based income of IDR 1.5T.

DTDC WIDENS ITS PRESENCE BY LAUNCHING OPERATIONS IN MALAYSIA, SETS SIGHTS ON SOUTHEAST ASIAN EXPANSION

Retrieved on: 
Wednesday, January 31, 2024

DTDC in India covers approximately 96% of the population through 16,000+ physical customer access points and has a global reach of 220+ destinations.

Key Points: 
  • DTDC in India covers approximately 96% of the population through 16,000+ physical customer access points and has a global reach of 220+ destinations.
  • DTDC has expanded its presence in SEA with its new Malaysia office apart from its existing presence in Singapore and Australia.
  • This new office will offer enhanced trans-shipment solutions to the company's client base in Southeast Asia and the Australian peninsula.
  • As a part of its global expansion plans, DTDC collaborated with Aramex last year toenhance its capabilities in cross-border logistics.