Microfinance Regulation : Lessons from Benin, Ghana and Tanzania
This article identifies key issues and lessons about how the overall regulatory framework affects the ability of microfinance institutions (MFIs) to become more market-oriented and integrated with the financial system. It is based on a review undertaken by the World Bank of microfinance regulation in Benin, Ghana and Tanzania to better inform advice and project design regarding the appropriate balance between the objectives of promotion, performance, and prudential supervision.
Summary: | This article identifies key issues and
lessons about how the overall regulatory framework affects
the ability of microfinance institutions (MFIs) to become
more market-oriented and integrated with the financial
system. It is based on a review undertaken by the World Bank
of microfinance regulation in Benin, Ghana and Tanzania to
better inform advice and project design regarding the
appropriate balance between the objectives of promotion,
performance, and prudential supervision. |
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