Fifth Third Community Development Corp. is investing an additional $2.5 million in First Independence Bank. The move makes Fifth Third the largest investor in the minority depository institution and community development financial institution.
Working together with policymakers, regulators and enterprises, GRI raises awareness and enhances reporting capacity on key sustainability issues in the Indo-Pacific region. GRI’s programs with the Australian government contribute to building a more inclusive economy that ultimately creates a higher quality of life.
What gift would you give for the holidays that costs $56? Chris Temple and Zach Ingrasci lived on $56 for 56 days in Guatemala and filmed Living on One Dollar, a documentary that has raised over $300,000 for Whole Planet Foundation, funding 1,600 microloans for Guatemalans living in poverty.
Despite rapid economic growth that has benefited many, hundreds of millions of people in China still remain outside the formal financial system without access to safe and affordable financial products. One of the biggest unmet financial needs is insurance.
Microensurer Cebuana Lhuillier Insurance Solutions (CLIS) has joined Business Call to Action (BCtA) with a commitment to increase the number of Filipinos covered by microinsurance from 6 million in 2016 to 8 million in 2020, expanding insurance coverage to 60 percent of the country’s population.
According to the Better Business Better World report by the Business & Sustainable Development Commission, achieving the Global Goals could open up an estimated US$12 trillion in market opportunities in four economic systems: food and agriculture, cities, energy and materials, and health and well-being. They represent around 60 percent of the real economy and are critical to delivering the United Nations Sustainable Development Goals (SDGs).
In this Gateway interview, Carrie shares with us some of the latest thinking on financial health and why MetLife Foundation has shifted its focus from financial inclusion to financial health.
MoneyFellows of Egypt has been announced winner of the MetLife Foundation Inclusion Plus competition in Egypt & Lebanon. The competition was open to entrepreneurs, businesses and non-profit organizations and aimed to discover innovative solutions to promote financial capability and access to financial services. With more than 30 entries, MoneyFellows won the grand prize and collected a grant of $50,000.
Working in communities across the country, the Cities for Financial Empowerment Fund is implementing programs and training leaders to help expand access to financial services and education for unbanked and underbanked individuals.
Latin America’s rising demand for natural gas presents broad opportunities across the industry. While these opportunities may be most acutely present in Mexico — where a steadily growing economy is catalyzing soaring natural gas imports from the United States — conditions across the region reflect positive trends for U.S. producers and midstream players. Emerging markets are eager to tap U.S. supplies and seize on natural gas’s potential as a low cost, reliable and cleaner power generation source.
Highlighting the top news, commentary, and research for the week coming from SHQ. The highlights newsletter also spotlights one profiled organization...
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