Dhaka, May 30 Finance Minister on Wednesday stressed institutionalisation of microfinance institutions to continue their operations for more than one generation.
There are many MFIs that died out after the death of the founders but there should be capacity to make them part of a structured and usually well-established system to prevent such ending, AMA Muhith said.
He made the remarks at the National Microfinance Conference 2012 organised by Credit and Development Forum at Bangabandhu International Conference Centre.
Subscribing to the view, BRAC Chairman Sir Fazle Hasan Abed said governance needed to have institutional capacity in an organisation.
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