Sixteen financial service providers responded to the Barometer Forecast survey providing projections for the quarter ending in December 2017. These institutions represent 100% of the market by Gross Loan Portfolio and 99% of the market by Borrowers as of FY2015.
The Annual Benchmark Report offers a unique opportunity to analyze the performance of individual financial service providers (FSPs) and peer groups and to conduct country comparisons. During FY 2016, the Colombian economy grew at a slow pace. The inflation rate rose during the first half of the year and jumped to 8.9% year-on-year in July 2016.
Remittances and the the exchange rate continued to decline in Tajikistan, highlighting the challenges facing the country's financial sector.
During the quarter ending September 2017, both the Gross Loan Portfolio and Deposit Balance showed higher growth rates compared to the previous quarter: 2.5% and 3.9% in local currency, respectively. Banco Múltiple reported a significant improvement in growth rates of Number of Depositors (1.3%) and Deposits (4.3% in Bolivianos) after they seeing a decline during the quarter ending June 2017.
Donors play an important role in the development and expansion of financial services, and often have a particular focus on social impact and welfare. Therefore, donors need to properly select the products, partners and target population where they can affect positive change.
Since 2015, financial inclusion has been a top priority of Turkey, with a focus on regional policies. Therefore, monitoring relevant indicators to monitor progress is important. At MIX, we believe that sub-national data mapping can help policy makers design more efficient policies by examining disaggregated supply and demand data to understand the variations on-the-ground.
The Annual Benchmark Report is one of the primary benchmarking products created by MIX that offers a unique opportunity to analyze the performance of individual financial service providers (FSPs) and peer groups and to conduct country comparisons.
The Government of Myanmar has supported the development of financial cooperatives since 2012. But, in order to support the expansion strategies where demand is still unmet, MIX’s Interactive Dashboard for Myanmar provides analytical tools for cooperatives to analyze demand and supply within the sector.
In 2017, MIX deepened our partnership with CSAF members and we look forward to supporting the alliance's strategy development in 2018 and its efforts to encourage other financial institutions to increase lending to high-impact agricultural SMEs.
In Vietnam, state-owned entities are required to be present uniformly across the country, irrespective of population density. As a result, there is an even distribution of the supply of financial access points and no region seems to be lagging behind. However, that is not the case with other entities that prioritize areas with high population densities.