Standard Chartered has launched its first-ever issuance of credit notes backed by microfinance loans made in emerging markets in Asia and Sub-Saharan Africa. The development has created an asset class out of microfinance transactions. Rebecca Spong examines the deal, and finds out what it means for the future of the microfinance sector.
Restricted Access
To read the full version of this article you must be subscribed to GTR.
Subscriber Log In
If you are already subscribed, please log in here:
Follow GT Review on Twitter for the latest updates
The endless arguments about why Africa is not trading within Africa are wearing thin. It is time for a coherent action plan to be drawn up, says GTR editor, Rebecca Spong.