4 results
- Jun 11, 2010The year 2008 was a challenging one for Russia’s microfinance market due to the global financial crisis and a slowdown of the country’s economic growth. Since Russia was more affected by the crisis than other countries in Eastern Europe and Central Asia...
- Dec 8, 20082007 was another year of impressive growth and development for the microfinance industry in Russia. The number of microfinance institutions (MFIs) increased to approximately 2,000, serving nearly 700,000 customers (borrowers and savers). According to the...
- Feb 23, 2008The microfinance sector in Russia is home to more than 2000 microfinance institutions (MFIs), scattered across different regions. Most of these institutions are relatively small, although there is a small group of large-scale providers. Growth has been...
- Apr 1, 2009In 2007, the countries of the Eastern Europe and Central Asia (ECA) region enjoyed high investment flows and experienced sustained economic growth and wage increases. Some countries were able to stabilize their economic and political systems to a level...
