Tabs navigation
Microfinance regulation in Bangladesh - a long path to progress
Few issues are as emotive in the Bangladesh microfinance industry as regulation. It is important, however, to identify the predominant rationale for action, which the author takes to be depositor protection.Confusion exists concerning the relationship between the issues of depositor protection, legal form, commercialization and professionalization on the one hand, and regulation on the other. This lack of
clarity inhibits action. This article opens by presenting a background against which regulation appears increasingly necessary, but suggests that other mechanisms may be more appropriate for many MFIs.
It presents various models for protecting depositors, but cautions that any regulatory framework must be assessed for practicality and the cost of supervision and enforcement. The article suggests that
commercialization may be appropriate for some MFIs. It concludes that many of the steps taken towards creating a regulatory framework are in the interests of all stakeholders.
Few issues are as emotive in the Bangladesh microfinance industry as regulation. It is important, however, to identify the predominant rationale for action, which the author takes to be depositor protection.
Confusion exists concerning the relationship between the issues of depositor protection, legal form, commercialization and professionalization on the one hand, and regulation on the other. This lack of
clarity inhibits action. This article opens by presenting a background against which regulation appears increasingly necessary, but suggests that other mechanisms may be more appropriate for many MFIs.
It presents various models for protecting depositors, but cautions that any regulatory framework must be assessed for practicality and the cost of supervision and enforcement. The article suggests that
commercialization may be appropriate for some MFIs. It concludes that many of the steps taken towards creating a regulatory framework are in the interests of all stakeholders.
Confusion exists concerning the relationship between the issues of depositor protection, legal form, commercialization and professionalization on the one hand, and regulation on the other. This lack of
clarity inhibits action. This article opens by presenting a background against which regulation appears increasingly necessary, but suggests that other mechanisms may be more appropriate for many MFIs.
It presents various models for protecting depositors, but cautions that any regulatory framework must be assessed for practicality and the cost of supervision and enforcement. The article suggests that
commercialization may be appropriate for some MFIs. It concludes that many of the steps taken towards creating a regulatory framework are in the interests of all stakeholders.
Enterprise Characteristics and Constraints in Developing Countries
Satta, Tadeo Andrew
The International Journal of Entrepreneurship and Innovation, Vol. 4 (2003), Iss. 3 P.175
https://doi.org/10.5367/000000003101299546 [Citations: 15]The capacity dilemma: Regulating microfinance in Sri Lanka and Nepal
Hudak, Kristen
Journal of Banking Regulation, Vol. 13 (2012), Iss. 2 P.99
https://doi.org/10.1057/jbr.2011.19 [Citations: 2]Social Purpose, Commercialization, and Innovations in Microfinance
Commercialization in Microfinance: Concepts, Definitions and Features
Mia, Md Aslam
2022
https://doi.org/10.1007/978-981-19-0217-8_3 [Citations: 0]Tabs navigation
- Development impact bonds: learning from the Asháninka cocoa and coffee case in Peru
- Trade-off between outreach and sustainability of microfinance institutions: evidence from sub-Saharan Africa
- Value chain development for rural poverty reduction: A reality check and a warning
- Impact assessment of commodity standards: towards inclusive value chains
- What is cocoa sustainability? Mapping stakeholders’ socio-economic, environmental, and commercial constellations of priorities
Browse our other journals
