Mauro Martini, our colleague at the International Fund for Agricultural Development (IFAD), wrote a great post last month on the African Postal Financial Services Initiative (APFSI), a partnership between IFAD, the World Bank, UNCDF, WSBI, and the UPU, with financial backing from the European Union. The global average cost of sending remittances stands at about […]

Out of a total adult population of approximately 5.4 billion worldwide, 1.5 billion – or 28% – are getting access to financial services through a post office. In addition, recent studies have shown that Posts are comparatively better at banking specific vulnerable groups – the poor, the less educated and those in the informal economy […]

Taken from: http://www.slate.com/articles/news_and_politics/history/2014/08/postal_banking_already_worked_in_the_usa_and_it_will_work_again.html Written by: Mehrsa Baradaran As the debate over reinstituting postal banking heats up, we should know we had it. And it worked. Last week John Oliver offered up an exposé on payday loans, describing them as “the circle of debt” that “screws us all.” And at the conclusion of Oliver’s takedown on […]

Written by: Bsrat Measho, UPU intern On 25 September 2015 more than 150 world leaders adopted the United Nation’s Sustainable Development Goals (SDGs), replacing the Millennium Development Goals (MDGs). They agreed to reach 17 goals by 2030, tackling issues related to poverty reduction. Goal 5 addresses gender inequality. One of its targets is to undertake […]

How can Posts make their business strategy efficient and at the same time ethical? We are pleased to welcome a guest contribution by Christel Koehler, Chairwoman of Koïnè Conseil, Ethical and Social Strategy consulting company, on this subject. Ethical and social issues are increasingly integrated in corporate strategies as business opportunities. Recent marketing developments (specially following […]

The United States Postal Service is currently facing a very tough financial situation. Losses are piling on and could reach $14.1 billion for fiscal year 2012. Drastic decisions must therefore be made to ensure the viability of the Post. Most of the focus is currently placed on slashing costs, by closing post offices, reducing the workforce (155,000 […]

More than 100 million of the 370 million inhabitants in Central and Eastern Europe and Central Asia are un(der)banked. This includes many of the 60 million poor and a part of the 150 million economically vulnerable people. Ratios of unbanked people vary from an average 25% in Central Europe to more than 80% in Central […]

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