(iv)  Strategic Alliances of MFIs with financial markets: Developing strategic alliances and other partnerships are increasingly becoming the ways in which MFIs can engage with a wide variety of financial market participants. As these arrangements  BIS Review 36/2008  3  capitalize on the comparative advantages of vastly different institutions, they can take many different forms.
Where MFI cannot achieve organic growth they have two options: (i) these include “strategic alliances,” mergers and acquisitions, joint ventures and contractual arrangements, or (ii) alliance with commercial banks to set up and launch MF operations.