1 / 19

Housing Microfinance Seminar Karachi, September 06, 2012

Regulatory Framework of Housing Microfinance Qazi Shoaib Ahmad Agricultural Credit & Microfinance Department State Bank of Pakistan . Housing Microfinance Seminar Karachi, September 06, 2012. Financial Exclusion. 56% of the adult population does not have access to financial services .

leona
Download Presentation

Housing Microfinance Seminar Karachi, September 06, 2012

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Regulatory Framework of Housing Microfinance Qazi Shoaib AhmadAgricultural Credit & Microfinance DepartmentState Bank of Pakistan Housing Microfinance Seminar Karachi, September 06, 2012

  2. Financial Exclusion 56% of the adult population does not have access to financial services The Formally Served The Informally Served The Financially Excluded Source: Access to Finance Survey 2

  3. Financial Inclusion Number of Deposit Accounts = 30 million Number of M-wallets = 1.44 million 3

  4. MF Industry Infrastructure Industry Players and their market share in terms of GLP Infrastructure • 10 Microfinance Banks (MFBs) • 5 Rural Support Programs (RSPs) • 9 Specialized Microfinance Institutions (MFIs) • 9 NGOs • Outlets: 1739 4

  5. Legal & Regulatory Framework • Features • Global recognition • National MF strategies (I&II) • Financial Inclusion Program (FIP) • BB models creating space for com. banks and telcos in MF space • Industry Consultative Groups – MFCG/BBCG • Coordination among regulators (SBP- SECP-PTA) • Financial Literacy / Capacity Development Programs • MF-specific Bureau • Historical Trends • loans & deposits • Portfolio at Risk (PAR) • Loan yields • Profitability Journey of Microfinance Micro Credit to Microfinance Brick and Mortar to Branchless Banking Non Licensed to SBP regulated Social safety net toAccess to finance 5

  6. Types of Micro-Credit • Note: • At least 60% of housing loan portfolio of an MFB should be within the loan limit of Rs. 250,000/- or below. 6

  7. How are Micro Housing Loans Different from Micro Enterprise Loans? 7

  8. Conclusion 8

  9. Thank you!

  10. Legal & Regulatory Framework • Microfinance Institutions Ordinance 2001 • Prudential Regulations for MFBs • Microfinance Licensing Criteria • NGO Transformation Guidelines • Branchless Banking Regulations • Guidelines for Commercial Banks to undertake Microfinance Business • Guidelines for Islamic Microfinance Business by Financial Institutions Back

  11. International Recognition Back

  12. Strategic Framework for Sustainable Microfinance (2011-2015) Back

  13. Financial Inclusion Programme (£50m) Leverage technical assistance, surveys and technology across all facilities Back

  14. Branchless Banking Models in Pakistan Back

  15. Advances & Deposits Growth Back

  16. Portfolio Quality Pakistan MF Sector Back

  17. Yield on Loan Portfolio Back

  18. Profitability Back

  19. Housing Finance Regulation Regulation 10: Maximum Loan Size and Disclosure of Basic Terms & Conditions of Financial Products: (Revised through MFD Circular No. 02 of 2009 dated August 27, 2009) “Housing Loans: Maximum Loan size up to Rs. 500,000/- to a single borrower with household annual income up to Rs. 600,000/-. However, at least 60% of housing loan portfolio of an MFB should be within the loan limit of Rs. 250,000/- or below.” MFBs’ HF Portfolio as of 30 June 2012 GLP as of 30th June 2012: Rs. 17.2 billion Housing Finance Portfolio: Rs. 168 million Tameerhas 98% share in Housing Finance Back

More Related