Asia Program
Pacific Exchange Blog
Will Internet-Only Banks Be A Game Changer for Taiwan?
Taiwan’s Financial Supervisory Commission recently approved three licenses for internet-only banks, the first time new banking licenses have been issued since the 1990s. This blog explores potential ramifications associated with the decision. Internet-only banks are well positioned to bring two important potential benefits: expanded access to credit and banking sector innovation. Nonetheless, their entrance will likely bring even more competition in Taiwan’s already saturated banking market.
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Pacific Exchanges Podcast
Greta Bull Puts Financial Inclusion Into Context
In episode two of our series Financial Inclusion & Beyond, we spoke with Greta Bull, the chief executive officer of CGAP, an expert in development finance, primarily focused on small and medium enterprise finance, microfinance, and digital financial services. We discuss the history of financial inclusion efforts around the world and the evolution of the financial inclusion movement, the micro and macro effects of inclusion, and lessons learned from various efforts around the globe.
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Publications
Asia Focus
How Digital Innovation Can Increase Small Business Access to Finance in Asia
This Asia Focus summarizes the small- and medium-sized enterprise (SME) credit gap in Asia and assesses ways certain emerging technologies and innovative business models—commonly known as “fintech”—can improve SME access to financial services in Asia and boost long-term economic growth in the process.