Thus far 6 Islamic banks and 6 microfinance banks have been allowed with former expected to constitute at least 10% of total banking sector by 2010 and  2  BIS Review 26/2007  microfinance reach to enhance to additional 3 million customers. Evading licensing restrictions, the Government has continued to set up bilateral government-to-government joint venture-DFIs. Risk management.
Furthermore, many of the criticisms of the Fed and the Bank of England in particular are that the conditionalities or “knockouts” are far too general, and are easily subject to change. It would appear that at times the markets will only be satisfied if a firm commitment is given, and this can clearly not be done.