The well-intentioned objective of state-owned development finance institutions is too often subjected to political influence. Politicized mandates place undue emphasis on credit outflows over recovery. Poor lending practices weaken the state-owned institutions financially and make them continually dependent on government or external donor funds. Bank Rakyat Indonesia (BRI) is one of the few state-owned institutions that overcame problems that typically...
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DETAILS
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1997/08/03
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Brief
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18606
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1
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1
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2009/03/28
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Disclosed
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State-owned development banks in microfinance
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Development banks
Citation
Mukherjee,Joyita; Malhotra,Mohini.
State-owned development banks in microfinance (Chinese). CGAP focus note ; no. 10 Washington DC ; World Bank. http://documents.worldbank.org/curated/en/287161468038712820