PROBLEMS AND PROSPECTS OF MICRO FINANCING IN BANGLADESH: A COMPARATIVE STUDY BETWEEN ISLAMI BANK BANGLADESH LIMITED AND GRAMEEN BANK

Dr. Md. Ferdausur Rahman, PhD Associate Professor, Dept. of Sc & Hum MIST, Mirpur Cantonment Dhaka, Bangladesh ferdaus806@gmail.com

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Glavni autor: Rahman, Dr. Md. Ferdausur PhD
Format: Članak
Jezik:engleski
Izdano: R&D Wing, MIST 2020
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Online pristup:http://hdl.handle.net/123456789/515
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spelling oai:localhost:123456789-5152020-06-10T06:03:44Z PROBLEMS AND PROSPECTS OF MICRO FINANCING IN BANGLADESH: A COMPARATIVE STUDY BETWEEN ISLAMI BANK BANGLADESH LIMITED AND GRAMEEN BANK Rahman, Dr. Md. Ferdausur PhD Islami Bank Bangladesh Limited (IBBL), Grameen Bank (GB), Micro Financing Dr. Md. Ferdausur Rahman, PhD Associate Professor, Dept. of Sc & Hum MIST, Mirpur Cantonment Dhaka, Bangladesh ferdaus806@gmail.com The study attempts to analyze the problems and prospects of micro financing in Bangladesh especially in Islami Bank Bangladesh (IBBL) and Grameen Bank (GB). Since the inception of micro financing organization like Grameen Bank in Bangladesh in the mid-1970s, a number of countries have copied this model. Different conventional and Islamic banks also use this model. The apparent popularity of this model among developing countries is established in poverty alleviation. The paper shows that micro financing in Bangladesh faces enormous problems in infrastructural inadequacies, social misconception, poor legal and regulatory framework, unbridled competition from other financial institutions, and lack of qualified manpower. The researcher found some problems in both the banks commonly like: insufficient amount of credit, illiteracy, social custom barrier, severe poverty, migration of the clients to other countries and identifying the skilled & reliable customer. Despite this embarrassment of problems, the study identified several areas where opportunities exist for micro finance. This paper therefore concludes that the future of microfinance in Bangladesh is bright if the government and the policy makers consider the recommendations provided by the researcher. 2020-06-10T06:03:44Z 2020-06-10T06:03:44Z 2017-12 Article 2224-2007 http://hdl.handle.net/123456789/515 en application/pdf R&D Wing, MIST
spellingShingle Islami Bank Bangladesh Limited (IBBL), Grameen Bank (GB), Micro Financing
Rahman, Dr. Md. Ferdausur PhD
PROBLEMS AND PROSPECTS OF MICRO FINANCING IN BANGLADESH: A COMPARATIVE STUDY BETWEEN ISLAMI BANK BANGLADESH LIMITED AND GRAMEEN BANK
title PROBLEMS AND PROSPECTS OF MICRO FINANCING IN BANGLADESH: A COMPARATIVE STUDY BETWEEN ISLAMI BANK BANGLADESH LIMITED AND GRAMEEN BANK
title_full PROBLEMS AND PROSPECTS OF MICRO FINANCING IN BANGLADESH: A COMPARATIVE STUDY BETWEEN ISLAMI BANK BANGLADESH LIMITED AND GRAMEEN BANK
title_fullStr PROBLEMS AND PROSPECTS OF MICRO FINANCING IN BANGLADESH: A COMPARATIVE STUDY BETWEEN ISLAMI BANK BANGLADESH LIMITED AND GRAMEEN BANK
title_full_unstemmed PROBLEMS AND PROSPECTS OF MICRO FINANCING IN BANGLADESH: A COMPARATIVE STUDY BETWEEN ISLAMI BANK BANGLADESH LIMITED AND GRAMEEN BANK
title_short PROBLEMS AND PROSPECTS OF MICRO FINANCING IN BANGLADESH: A COMPARATIVE STUDY BETWEEN ISLAMI BANK BANGLADESH LIMITED AND GRAMEEN BANK
title_sort problems and prospects of micro financing in bangladesh a comparative study between islami bank bangladesh limited and grameen bank
topic Islami Bank Bangladesh Limited (IBBL), Grameen Bank (GB), Micro Financing
url http://hdl.handle.net/123456789/515
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