Tag Archives: creditaccess asia

ADB Provides $32 Million to CreditAccess Asia

Asian Development Bank (ADB) last week signed a deal to provide $32-million credit to CreditAccess Asia (CAA), an Amsterdam-based microfinance holding company with operations in India, Indonesia and the Philippines. The investment of $32 million would be to increase the capital for the growth of CAA-owned microfinance institutions under the financial inclusion policy of the asian bank. operations. In addition, ...

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CreditAccess Asia Planning IPO ?

Netherlands-based Asian microfinance holding company CreditAccess Asia is reportedly planning to invest Rs.1000 crore in Asia, including India where its subisdiary Grameen Koota is fourth largest in the country. CreditAccess Asia (CAA) has recently raised about Rs 671 crore via equity capital, including Rs 212 crore from Asian Development Bank (ADB), funding from existing investor Olympus Capital Asia and another ...

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CreditAccess Raises $30 Million from Olympus, to Invest in MFIs

Multi-country microfinance operator CreditAccess Asia, based in Netherlands, has raised $30 million from Hong Kong-based private equity firm Olympus Capital Asia, heralding the first fundraising in 2016. The money raised will be used for Asia-based operations and their expansion in line with its future plan to enter two more countries, apart from India and southeast Asia, where it is operational ...

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