Search results
Results From The WOW.Com Content Network
Grameen Bank (Bengali: গ্রামীণ ব্যাংক) is a microfinance, specialized community development bank founded in Bangladesh. [5] [6] It provides small loans (known as microcredit or "grameencredit") [7] to the impoverished without requiring collateral.
The Africa Microfinance Network (AFMIN) is an association of microfinance networks in Africa resulting from an initiative led by African microfinance practitioners to create and strengthen country-level microfinance networks for the purpose of establishing shared performance standards, institutional capacity and policy change.
MIDAS (Micro Industries Development Assistance and Services) Financing Limited was established on 16 May 1995. [3] [4] It provided financial support to small women entrepreneurs to establish minimart. [5] On 11 October 1999, Midas secured permission from Bangladesh Bank. [3]
Microcredit Regulatory Authority (MRA) is the central body to monitor and supervise microfinance operations of non-governmental organizations of the Republic of Bangladesh. It was created by the Government of People's Republic of Bangladesh under the Microcredit Regulatory Authority Act (Act no. 32 of 2006).
ADB describes ASA as the "Ford motor model of microfinance" because of its standardisation of low-cost microfinance. [4] Its flat organisational structure consists of three tiers: a relatively small central office in Dhaka, [12] district offices, and branch offices. The branch offices are the main channel through which their core loan products ...
Bangladesh securities and exchange commission: Stock Exchanges, Stock Dealers & Brokers, Merchants Banks, Asset Management Company (AMCs), Credit Rating Agencies etc. Insurance Development & Regulatory Authority(IDRA) 18 Life and 44 Non-Life Insurance Companies Microcredit Regulatory Authority(MRA) 599 Micro Finance Institutions (MFIs)
With the decision of the Government, Bangladesh Development Bank Limited. (BDBL) was incorporated on 16 November 2009 as a Public Company Limited by shares under the Companies Act, 1994 by the amalgamation of former Bangladesh Shilpa Bank (BSB) and Bangladesh Shilpa Rin Sangstha (BSRS), two Development Financial Institutions (DFIs) in the public sector.
The Grameen Bank is a microfinance organization and community development bank started in Bangladesh that makes small loans (known as microcredit) to the impoverished without requiring collateral. The system is based on the idea that the poor have skills that are underutilized.