Bangladesh bank’s governor Mr. Atiur Rahman emphasized that
higher access to finance enhances social and economic stability.
Bangladesh
Bank Governor Atiur Rahman has advised financial regulators to focus on
financial inclusion including micro-insurance, micro-finance and socially
responsible financing (SRF) for ensuring economic stability.
Addressing the 24th meeting of the Council and the 12th
General Assembly of Islamic Financial Services Board (IFSB) in Brunei
Darussalam yesterday, he made the call saying that financial inclusion and SRF
would not only for improving the condition of the disadvantaged, but also for
wider objective of achieving financial stability.
Islamic
Development Bank (IDB) president, governor of Sudan and chairman of
Financial Supervision Authority of Indonesia supported Dr. Rahman’s views on
micro-finance including Islamic micro-finance, according to a BB press release
issued here.
Dr. Rahman also suggested IFSB to do more research and
advocacy on capacity building of different central banks on their regulatory
and supervisory role related to Islamic financing.
In addition to attending the Council meeting, the BB
governor joined in the annual general meeting and a public lecture on financial
stability.
News Source:Daily Sun
Date: 29-Mar-2014
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