In 2010, over 92 percent of the assets in the Nicaraguan financial system were concentrated in the banking sector, while microfinance managed over 5 percent, and all the remaining segments covered less than 3 percent. Starting in the late 1990s and until 2007, the microfinance sector in Nicaragua has expanded robustly at 20 percent average annual growth rate and has been a significant factor of economic growth, particularly in the agricultural small...
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INFORMATION
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2011/12/01
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Document de travail
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112702
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1
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2017/02/09
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Disclosed
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Key findings and recommendations
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consumer protection