Foreign investors may now own up to 60 percent equity into Philippine rural bank Philippine President Aquino has signed into law RA 10574 "An Act Allowing the Infusion of Foreign Equity in the Capital of Rural Banks". The law amends the Rural Bank Act of 1992 and now allows foreign individuals and entities to acquire equity of up to 60 percent in rural banks. The law also states that ...

Upcoming missions and events

In June MicroFinanza Rating team will be in the following countries: Panama, Mexico, Morocco, Bolivia, Italy, Germany, Niger, Ecuador. Moreover, we will be participating to the Social Performance Task Force (SPTF) Annual Meeting, held in Panama, 5-8 June. The Conference will focus on the implementation of the Universal Standards for Social Performance Management.

Newly issued ratings

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19th Edition of the Boulder Microfinance Training Programme MicroFinanza Rating Executive Director, Aldo Moauro, will be holding a course titled "Financial, Social, and Environmental Rating" as part of the Boulder Microfinance Training (MFT) Program, which takes place in Turin, Italy, from July 15th - August 2nd. The Training will offer a special focus on providing tools that will strengthen financial skills and build risk analysis proficiency in order to prepare professional decision-makers to confront upcoming challenges of the microfinance sector. Click here to register NOW.

16th MFC Annual Conference As guest speaker MicroFinanza Rating will be participating in the panel titled "Client Protection Certification: How does it Work?" as part of the MFC Annual Conference in Montenegro from 28th to 30th of May 2013. The workshop will present MFI experience of the assessment and certification process, and explore practical solutions to key gaps in transparency and over-indebtedness.

Tratar a los empleados responsablemente en las Filipinas Es un placer para MicroFinanza Rating compartir un análisis independiente de la implementación del EUGDS # 5 en las Filipinas. Los resultados de una muestra de Rating Sociales en las Filipinas muestran una implementación intermedia de los Estándares Universales para la Gestión de Desempeño Social (EUGDS) de la sección 5, dedicada al trato responsable de los empleados. Leer más

Rating Social con Certificación de Protección al Cliente Es un placer para MicroFinanza Rating anunciar que a partir de Abril 2013 el Rating Social brinda una indicación sobre el trabajo que se necesita para lograr la Certificación. Leer más o contactar a Lucia Spaggiari, directora de Rating Social.

Annual Report on the Microfinance Sector in Kenya MicroFinanza Rating is proud to present the "2012 Annual Report on the Microfinance Sector in Kenya". This publication - made in collaboration with AMFI - is the first of its kind as it comprises a representative section of the Kenyan microfinance industry developments and trends over 2009-2011, displaying both aggregate quantitative and qualitative information, as well as a directory of individual microfinance institutions operating in the country. Download here the publication.

Rating Social con Estándares Universales de GDS Es un placer para MicroFinanza Rating anunciar que el Rating Social mide el cumplimiento con los EUGDS a partir de Marzo 2013. El Rating Social incorpora los Estándares Universales para la Gestión de Desempeño Social (EUGDS) y brinda una validación externa del cumplimiento de la IMF con los EUGDS. Leer más o contactar a Lucia Spaggiari, directora de Rating Social.

MicroFinanza Rating: Certificadora autorizada de Protección al Cliente Es un placer para MicroFinanza Rating anunciar que recibimos la autorización de la campana SMART para realizar Certificaciones de Protección al Cliente. El programa de Certificación de la campaña SMART se lanzó en Enero 2013, reconociendo MicroFinanza Rating como una certificadora autorizada. MicroFinanza Rating ofrece a las instituciones financieras con políticas de protección al cliente bien establecidas la oportunidad de lograr la Certificación de Protección al Cliente - la demonstracion pública de su compromiso con los clientes.

Global Microfinance Ratings Comparability MicroFinanza Rating, in collaboration with the other specialized microfinance ratings agencies, contributed to develop a common financial rating product name and specialized microfinance ratings comparability table. Multilateral Investment Fund (MIF) initiated and funded the collaboration to address specialized microfinance rating industry needs. Download the publication.

Rating of Cooperative Credit Banks in Italy MicroFinanza Rating has successfully completed the Assessment of the Cooperative Bank Mediocrati within the Joint Action to Support Microfinance Institutions in Europe (JASMINE) financed by the EU and managed by the European Investment Fund (EIF). Mediocrati is the first Italian Bank accessing a senior loan (EUR 3m in Q4 2012) issued within the European Progress Microfinance Facility (established in 2010 with EUR 200m of funding from EC and EIF).