ShoreBank International Announces New Micro Savings Initiative - Bill & Melinda Gates Foundation

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CHICAGO -- ShoreBank International (SBI) announced today that it has received a $5.5 million grant from the Bill & Melinda Gates Foundation to develop and implement a new micro savings initiative for South Asia’s poor.

The innovative program is designed to address one of the biggest barriers facing the region’s poor – limited access to savings and deposit accounts.

To read the full press release, visit the ShoreBank International web site.