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Regional Workshop/Consultation Meeting (Khulna) Regional Workshop/Consultation Meeting (Rajshahi) Clarification on Interest Rate and other relevant issues of Microcredit Workshop on Formulating Policy for Effective Interest Rate of Microcredit Regional Meeting with Banks and MFIs (Tangail)
e-Regulatory System
Online Report Submission Tool for MFIs Analytical Tool for Microcredit Researchers
Md.
Shazzad
Circular
Invitation for Application of New License to operate Microcredit Activities in Bangladesh Download Application Form for
Publications
NGO-MFIs in Bangladesh
Volume VI, 2009 Volume V, 2008 Volume IV, 2007 Volume III, 2006 Volume II, 2005 Volume I, 2004
New License Refixation of Grace Period and No. of Installment for Repayment of Microcredit Guidelines for determining Weekly Installment of Microcredit Actions to be taken by MFIs towards Women Empowerment
Mohammad Haque
Deputy Director 212 Deputy Director 211 DD_Supervision@mra.gov.bd DD_MIS@mra.gov.bd DD_License@mra.gov.bd DD_HR@mra.gov.bd DD_MFIaudit@mra.gov.bd DD_Acc@mra.gov.bd DD_research@mra.gov.bd Admin@mra.gov.bd HR@mra.gov.bd
Events
Launching Ceremony of the Book titled Microfinance Regulations for Development -Global Experiences Click here for the Background and overview of the Book International Conference on Microfinance-Microfinance Regulations: Who benefits? Conference Papers
Muhammed Mazedul Haque Mohammad Hossain Md. Nure Mahadi K.A.M.M. Islam Yakub Alom Raisul
Policy for Interest Rate of Microcredit Displaying of License Copy and Mentioning of License Number of Licensed MFIs Minimum Criteria and the Time Limit to get a License from MRA
Sutapa Chawdhury Deputy Director 290 Deputy Director 215 Deputy Director 247 Deputy Director 216 Deputy Director 248 Deputy Director 275
Citizen Charter
Citizen Charter
HR, Admin and Internal Audit Section Aleya Ferdous Lucky Parvin Associate AD 260 259 249 251 279
Md. Minhazul Islam AD Pankoj Kumar Paul AD Naznen Saife Bona Associate
Finance, Accounts and Project Coordination Accounts@mra.gov.bd Section Md. Abdul Mannan SAD Mohammad Miah Md. Abdul Haque Jinat Aman Banna Sharmin Khan Ali AD AD AD Associate 256 254 255 257 257 License@mra.gov.bd
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Mohammad Jalal
Shah
SAD AD Associate
Nazneen Sultana Shakibul Islam Mohammad Hossain Ranjit Sarkar Saleh Muhammad Al-Mamun Kamal Kumar
MFI Audit and Off-site Supervision Section SAD AD Associate Associate 242 226 243 243 231
Gourango Chandra Associate Sutra Dhar Supervision (On-site) Section Pradip Ghosh Kumar SAD
Supervision@mra.gov.bd 234 231 232 230 Public 238 239 239 242 MIS@mra.gov.bd Relation Research@mra.gov.bd
Kazi Mostafizur AD Rahman Md. Billal Hossain AD Md. Mamunur Associate Rashid Chowdhury Research, Section Md. Abu Shiddique Prodip Roy Md. Khan Publication Bakar Chandra Mohiuddin Abdul SAD AD Associate Associate and
Mohammad Momin
MIS & IT Section Mohammad Mizanur Rahaman Md. Hasan Shahidul SAD AD 233 217
Vision The Microcredit Regulatory Authority (MRA) will create a conducive and healthy environment in the microfinance sector which will ultimately eradicate poverty and contribute to achieve Millennium Development Goals (MDG) as well as foster sustainable development of the country.
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MRA's Responsibilities According to the Act, the MRA will be responsible for the three primary functions that will need to be carried out, namely: 1. Licensing of MFIs with explicit legal powers; 2. Supervision of MFIs to ensure they continue to comply with the licensing requirements; and 3. Enforcement of sanctions in the event of any MFI failing to meet the licensing and ongoing supervisory requirements.
History of Microcredit Regulatory Authority (MRA) Background In December 1997 the Bangladesh Bank commissioned a study to examine "the Regulatory Aspects of Microfinance Institutions (MFIs) and Linking it with the Formal Financial Sector". The study was completed in 1998 and the major findings and recommendations were as follows; 1. The regulation available in the form of statutory requirement under the existing banking and financial laws will not cater to the special needs of this sector, 2. Legal recognition of MFIs through enactment of law is required to access formal sources of funds, so that they can operate under an agreed "Code of norms/ Conducts" under the form of a special licensing arrangements, 3. Self-regulation based on agreed "Code of norms/ Conducts" can be an
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alternative or may supplement the existing or new government regulation, which may be introduced
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Organogram
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