Bangladesh: Microcredit Regulatory Authority mulling ‘Security fund’ for MFI depositors
The Micro-credit Regulatory Authority (MRA) has decided to provide ‘cushion’ to depositors of micro-finance institutions in the backdrop of failing of a MFI, Jubok. The proposal is that if any MFI goes out of business, the depositors would get their money back from the DSF (the proposed depositors’ security fund). Read more here.
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