PublicationsBACK

Microfinance Regulation in Benin: Implications of the PARMEC Law for Development and Performance of the Industry

Jun 30, 2003 | K. Outtara | The World Bank
The purpose of this paper is to analyze the evolution and impact of the policy, legal, and regulatory environment since the enactment of the PARMEC in the UMOA countries, with Benin as a case study. The paper reviews the basic approach Benin has taken towards legislation and regulation regarding microfinance institutions (MFIs), and briefly analyzes whether the policy/legal/ regulatory environment has been conducive to commercialization of microfinance, either by licensing of MFIs or by commercial institutions moving downmarket.
Theme: Financial Inclusion, Banking Supervision and Regulation, Financial Stability & Governance | Country: Benin | Pages: 41
Download
RELATED PUBLICATIONS
Africa’s Growth Engine: Why Deepening the Financial Sector Matters
Oct 08, 2025 | FSD Africa
This white paper, the first in a series tackling key questions for donors and market actors interested in financial sector…
Stressed and Underserved: African Women and the Weight of the COVID-19-Induced Financial Worry -…
Oct 03, 2025 | AfDB
The COVID-19 pandemic sparked a global crisis like no other, leaving behind severe economic strain and emotional stress. Nowhere were…
MFW4A GAB Ghana trade finance workshop post-event report, 29 September 2025
Oct 01, 2025
On September 11th-12th, 2025 a workshop was held at the Mövenpick Ambassador Hotel in Accra, Ghana, exploring the challenges and…
From Insights to Interventions: Addressing Gender Norms in Women’s Financial Inclusion
Sep 01, 2025 | CGAP
While constraints to women's financial inclusion (WFI) are well known, to effectively tackle these constraints, it is necessary to…
The Role of Central Banks and Other Financial Sector Regulators and Policymakers in Job Creation in…
Aug 28, 2025 | AFI
Africa continues to face high unemployment, widespread informality, and a rapidly growing youth population entering the labour market…
Trade & Development Finance Brief (ATDFB) Volume 1 Issue 1, 2025: Financing Green Infrastructure
Jul 02, 2025 | Afreximbank
Financing green infrastructure is critical in responding to global environmental challenges, particularly, climate change on account…