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Grameen‐Jameel, a social business that serves the microfinance sector in the Middle East and North Africa (MENA), announces it has entered Turkey. Grameen-Jameel has signed partnership agreements with the two leading microfinance institutions in Turkey, providing them with financial support and technical assistance amounting to over US$ 5 million, with the objective to alleviate poverty in Turkey by reaching and financing 16,000 underprivileged families.

Central Bank authorities from eight developing countries (D-8) including Nigeria, Bangladesh, Egypt, Indonesia, Iran, Malaysia, Pakistan and Turkey yesterday agreed to foster collaboration among member countries for the purpose of monetary, fiscal stability and development of member nations.

Probanx Information Systems specializes in development of software for the financial institutions, offering multi-currency and multi-lingual banking systems with a large variety of modules, based on the latest technologies. We install and support turn-key international Banking Software and Microfinance Software solutions for retail banks, commercial banks, Internet banks and microfinance banks.

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