Latest Microfinance Sector News & Updates

Bangladesh’s New Microfinance Bank Ordinance Raises Concerns Over Access to Credit

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New Delhi, Jan 19 (IANS) Bangladesh’s proposed ‘Microfinance Bank Ordinance 2025’, to convert the country’s microcredit system into fully regulated microfinance banks under supervision of Bangladesh Bank, could marginalise hundreds of smaller NGOs and poor households from accessing credit, a report has said.New microfinance banking rules has drawn sharp criticism from 17 leading Microfinance Institutions (MFIs) in Bangladesh, including BRAC (Building Resources Across Communities), ASA (Associa…