Our discussion today is meant to provide inputs for the assessment of policies that could help improve the banking system’s risk management processes and efficiency as well as provide a leverage to stimulate the diagnosis of, and improvements in, the supervisory framework. I take a special interest in today’s topic for two main reasons.
4  BIS Review 98/2009  Since micro finance has been accepted as the main vehicle to address the issue of lending to small borrowers dispersed over vast expenses of geographical areas involving high transaction costs and also as a business opportunity, it would be worthwhile to devote some time to this.