CAIRO BOOKS's Description
Since the mid-1990s, Bangladesh's banking sector has grown considerably.
Despite the boom and the government's efforts to increase access in rural
areas, rural financial markets have shrunk in relative terms. As a result,
access to finance by micro, small, and medium-size enterprises and marginal,
small, and medium-size farmers - the "missing middle" - remains limited, which
is significant because these groups are the engines of growth in rural
Bangladesh in terms of employment, contribution to GDP, and prospects for
future growth. Increasing Access to Rural Finance in Bangladesh examines the
legal, regulatory, and institutional constraints faced by state-owned
agricultural banks, private banks, and microfinance institutions in providing
financial services to the missing middle in Bangladesh. It also analyzes the
constraints that traditional, multiperil crop inssurance schemes face when
serving marginal, small, and medium-size farmers. Finally, the book offers
suggestions to improve rural financial access with innovations and reforms in
the banking, microfinance, and insurance sectors, among others.