Posts Tagged ‘pakistan microfinance’

By Farhat Abbas Shah Microfinance Focus, March 1, 2010: Changing economic environment always calls for more innovative response. We, of course, are living in a time where hosts of events have crowded a comparatively short time span, particularly in the world of finance. Despite an incorporated world economy, the tools and methods needed in the so-called third world would definitely be different from those of implied ... Full story

Microfinance Focus, Nov. 26, 2009: Governor State Bank of Pakistan (SBP) Syed Salim Raza said the dynamic microfinance sector is emerging to provide financial services to all and underscored the key role by technology and commercialization to drive it further. He was speaking at the third Pakistan Microfinance Forum 2009 on “Mass Accessibility and ... Full story

MF Focus, July 17, 2009: State Bank of Pakistan has extended risk guarantee facility for microfinance banks and institutions with a fund of GBP 10 million received from the UK Department of International Development (DFID) which will be kept as reserve for the purpose, said a circular issued by the bank on Friday. (For a full version of the circular, visit SBP url: www.sbp.org.pk/Guidelines/index2.asp) The bank has also restrained microfinance interest rate by MFIs not to exceed 16% or two percent above the official discount rate of 14% and ameded its guidelines for the Microfinance Credit Guarantee Facility (MCGF) that was introduced in May this year. Full story