Mali Financial Sector Assessment Program

While the microfinance sector is extensively used in Mali (about 1 million members often based in rural areas), the sector has experienced a major crisis for over six years. The clean-up of the microfinance remains the most pressing priority for the Malian authorities and the adoption of the emergency plan for the microfinance sector is a key milestone to cleaning up the sector. While the plan addresses the main issues (restructuring or liquidation not viable MFIs; depositors indemnization mechanism; consolidation of active MFIs; reform and strengthening of the national supervisory body), but the implementation remains very challenging in a context of fiscal tightening and donor’s reluctance to intervene. It is only the Government of Mali that can restore confidence in the sector, and only by undertaking the recommendations highlighted in the emergency plan. One of the most sensitive issues will be to manage the liquidation of a few important distressed institutions together with the indemnization of their depositors.

Bibliographic Details

Main Author:	World Bank
Format:	Report biblioteca
Language:	English en_US
Published:	Washington, DC 2015-12
Subjects:	CREDIT MARKETS, WITHDRAWAL, SAVINGS SERVICES, DEPOSIT, FINANCIAL SERVICES, LIABILITY, NPL, EQUIPMENT, ECONOMIC GROWTH, ACCOUNTING, WAREHOUSE, DEPOSITS, EQUITY FINANCE, PEOPLE, AGRICULTURAL DEVELOPMENT BANK, LIQUIDATION, RURAL BORROWERS, TRAINING CENTRE, MERCHANTS, FINANCING, VILLAGE, MICRO-ENTERPRISES, INFORMATION SYSTEM, MICROFINANCE SECTOR, INTEREST, SAVINGS ACCOUNTS, INTEREST RATE, EXCHANGE, LIQUIDITY, ENTREPRENEURS, BANK ACCOUNT, REVENUES, PORTFOLIO, RURAL CREDIT, OUTSTANDING CREDIT, CAPACITY BUILDING, LOAN, BORROWERS, SUBSIDY, CREDIT PORTFOLIO, SAVING, RESERVE, BANKRUPTCY, BENEFICIARIES, INFORMATION SYSTEMS, INFLATION, MFIS, OUTSTANDING DEPOSITS, MICROFINANCE INSTITUTIONS, CREDIBILITY, GOVERNANCE STANDARDS, BUDGET, CENTRAL BANK, SMALL FARMERS, ACCESS TO FINANCIAL SERVICES, CROP INSURANCE, LOAN PAYMENT, SAVINGS, TECHNICAL ASSISTANCE, EQUIPMENT PURCHASES, BENEFICIARY, FINANCIAL INSTITUTION, UNION, LIQUIDATIONS, FINANCES, GUARANTEE FUND, TRADING, DEPOSIT ACCOUNTS, PAYMENT, FINANCIAL INSTITUTIONS, MARKETS, RETURN, FINANCIAL VIABILITY, INTERNATIONAL DEVELOPMENT, MICRO-ENTREPRENEURS, LOANS, ENTERPRISES, FARMERS, RESERVES, MONEYLENDERS, INVENTORY, FINANCIAL HEALTH, LEGAL FRAMEWORK, FINANCE, DONOR SUPPORT, INTERNATIONAL FINANCIAL INSTITUTIONS, BANKING SECTOR, BANKS, DEPOSITORS, EQUITY, RURAL FINANCE, INVENTORY CREDIT, CAPITAL, BRANCH BANKING, INSURANCE PRODUCTS, FUTURE, BANK, CREDIT, MICROFINANCE LOANS, CAPITALIZATION, ACCESS TO SAVINGS, RISK EXPOSURE, EXTERNAL FUNDS, ISSUANCE, FINANCIAL ACCESS, FINANCIAL ANALYSIS, MARKET, NON-PERFORMING LOAN, SOLVENCY, POSTAL SAVINGS, PROFITABILITY, CREDIT RISK, INSURANCE, LOAN INSURANCE, MICROFINANCE, FINANCIAL SECTOR ASSESSMENT, SECURITY, PROMOTION OF INVESTMENT, ACCOUNTING STANDARDS, INVESTMENT, COMMERCIAL BANKS, SAVINGS DEPOSITS, HOUSEHOLDS, INFORMAL CREDIT, LIMITED LIABILITIES, COST ESTIMATE, COOPERATION, LOSS OF CONFIDENCE, RURAL FINANCING, COOPERATIVES, PROFIT, FINANCIAL SUPPORT, LENDING, TECHNICAL SUPPORT, DEBIT CARD, LIQUIDITY RATIO, ACCESS POINTS, EXCHANGE RATE, WOMEN, OUTSTANDING LOANS, LIMITED LIABILITY, LIABILITIES, LIQUID ASSETS, COOPERATIVE, GUARANTEE, DEVELOPMENT BANK, CROP LOAN, ACCOUNT HOLDERS, DEPOSITOR, CREDIT ASSOCIATIONS, MICROFINANCE INSTITUTION, MICROENTERPRISES, MFI,
Online Access:	http://documents.worldbank.org/curated/en/2016/05/26361596/mali-microfinance-sector-technical-note https://hdl.handle.net/10986/24270
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