The World Bank has completed a study on rural banking and microfinance, with the help of the Government of Bangladesh and the United Kingdom’s Department for International Development. Business & Finance Consulting (BFC), a consulting firm with focuses on Eastern Europe and Central Asia, was hired to provide an analysis of the Bangladeshi rural market for microfinance. Titled the “Access to Rural Finance” project, the study examined commercial banks and microfinance institutions (MFIs) practicing in the rural areas of Bangladesh, including the state agricultural banks Bangladesh Krishi Bank (BKB) and Rajshahi Krishi Unnayan Bank (RAKUB).
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