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Bangladesh: Government Moves to Cut Microcredit Service Charge
An 11-member committee, headed by Grameen Bank Chairman Prof Dr A K M Saiful Majid, has been formed to look into the cost of the MFI's services and to determine if there is any scope to reduce the charges.
Thai Household Debt Skyrockets from Credit Cards, Loans and Car Loans
The Bank of Thailand has been asked to review the ceiling of interest rates and supervise credit cards, personal loans and car loans, as the Thai government has vowed to tackle high household debt, incurred by credit card and personal loans.