Microcredit Regulatory Authority

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Microcredit Regulatory Authority
Microcredit Regulatory Authority
The Microcredit Regulatory Authority (MRA) has been established by the Government of the People’s Republic of Bangladesh under the "Microcredit Regulatory Authority Act 2006” to promote and foster sustainable development of microfinance sector through creating an enabling environment for NGO-MFIs in Bangladesh. MRA is the central body to monitor and supervise microfinance operations of NGO-MFIs. License from the Authority is mandatory to operate microfinance operations in Bangladesh as an NGO.

MRA Participated Digital World Fair-2017


Mr. Amalendu Mukherjee, Executive Vice Chairman, MRA and Others Visited MRA stall with collaboration of PKSF, SDF, BNF, brac, ASA, Buro Bangladesh & Sajida Foundation in Digital World Fair- 2017 at BICC on 6-9 December 2017. 

The EVC of MRA moderated the session on " Experience of NGO-MFIs in Disbursing Remittance and Working as an Agent of Banks/MFS" 

Mr. Amalendu Mukherjee, the Executive Vice Chairman of Microcredit Regulatory Authority (MRA) moderated a session on " Experience of NGO-MFI in Disbursing Remittance and Working as an Agent of Banks/MFS" of the Programme on 'Digital Financial Services 2017'  held during  04-08 December 2017. This event was jointly organized by the  Alliance for Financial Inclusion (AFI) and Bangladesh Bank. More than 30 participants from different countries attended the event. As a moderator Mr. Amalendu Mukherjee opened the floor providing a brief idea about the benefits, market mechanism and controls for disbursement of remittance through NGO-MFIs. Two representatives from MFIs, Mr. S M A Rakib, Assistant Coordinator Special Program of Buro Bangladesh and Mr. Tarik Sayed Harun, Assistant Director of COAST Trust were present as panelists. They shared their field level experience in disbursing remittance and agent banking. Ms. Areefa Akther, Senior Assistant Vice President of AB Bank Limited shared the experience in monitoring, operating process and challenges in disbursing remittance through NGO-MFIs. Mr. Md. Shahidul Islam, Deputy Director and Jinat Aman Banna, Senior Assistant Director of MRA were also present at that session.