Microfinance pioneer laments crisis as missed opportunity
Western governments have failed to capitalise on an opportunity to change their banking model after the financial crisis, said Muhammad Yunus, the founder of the Grameen Bank, one of the most popular providers of microfinance.
Yunus told an audience in London on Wednesday that western governments had missed a good chance to reflect on the flaws of the current system and change the way people get access to finance. "Now is a good time to unpack and start looking at the holes in the financial
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com
More on Governance
Bangladesh Bank’s ex-governor warns of ‘politicisation’ of hacking
Rahman says bank was “victim, not accomplice” as anti-corruption body seeks to investigate 2016 theft
Book notes: Central bank capitalism: monetary policy in times of crisis, by Joscha Wullweber
This book asks if independent monetary policy is feasible at a time when central banks prop up the poorly regulated shadow banking sector
Bangladesh Bank former deputy governor arrested
Sitangshu Kumar Sur Chowdhury accused of concealing information about his personal wealth
Former Bank of Mauritius governor released on bail
Harvesh Seegolam had been arrested for alleged conspiracy to defraud
RBA appoints six new board members as part of reforms
Two join rate-setting team while others enter newly established governance board
Nandalal Weerasinghe on Sri Lanka’s IMF programme, central bank reforms and road to recovery
CBSL chief returned from retirement to secure structural reforms, recapitalisation and financial resilience
Australian parliament passes bill to reform RBA
Bank’s board to be split into two groups covering monetary policy and governance
PM ‘overruled MNB building’s heritage status’ – whistleblower
Governors’ meeting prompted expedited approval for panorama deck on listed site, says former official