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Al Amal Microfinance Bank in the Global Money Week

On Monday 9 of March, Yemen had the opening ceremony of Global Money Week 2015. The Central Bank of Yemen invited all banks in the country to participate in the Global Money Week celebration this year on a large scale around the country.

MFT’s Role in Pricing Transparency will be Ending in a Few Months

The industry has made impressive progress in pricing transparency over the last 7 years in terms of transparent pricing on 1,800 loan products sold by 530 MFIs to 52 million clients. In spite of that, the MFT Board has decided to end pricing transparency since the process hasn’t been easy at all. MFIs have always been hesitant to participate in the transparent minority because of fear of public criticism.

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