Banks continue to dominate the microfinance sector accounting for 41 percent of the loan share of the industry.

In a rare instance of COVID-19 helping a country’ s economy, Pakistan saw a significant uptick in remittances from nationals working overseas in July.

Bangladesh's financial sector will have to adopt new technologies and services in the post-COVID-19 period for the lenders to move their operations online and address the recent challenges faced by the industry.

Nepali missions abroad are verifying applicants’ status before recommending their names to the government to provide them airfare from Migrant Workers Welfare Fund.

Many expats have been sending money as part of their preparation to return home due to joblessness abroad.

Global Islamic Banking and Finance learning series is launched by AlHuda CIBE.

The financing package is part of IFC’s $8 billion global COVID-19 fast-track financing facility, which aims to help companies stay in business.

The State Bank of Pakistan has extended a number of measures taken to mitigate the impact of COVID-19 from their original deadline of 30 June / 30 September, to 31 December.

The value of transactions on the Unified Payments Interface, a platform created by India’s largest banks in 2016, reached an all-time high last month as people feared to handle banknotes amid the pandemic.

Failing to protect farmers amid the novel coronavirus disease (COVID-19) pandemic can worsen India’s agrarian distress.