Infrastructure Strategies in East Asia: The Untold StoryAshoka Mody World Bank Discussion Paper No. 369. This paper reports on the microfinance program of Hatton National Bank Limited (HNB), the largest private commercial bank in Sri Lanka. It reviews the experience of HNB, which has initiated a program offering financial services to the poor while continuing its traditional business operations. The report addresses four issues pertaining to HNB's microfinance operations. What motivates HNB to undertake a microfinance program? Can a privately owned commercial bank successfully downscale part of its operations for microfinance? What adjustments are needed in regular banking operations to build a profitable microfinance program? Is a microfinance operation consistent with a privately owned bank's profit-maximizing objective? |
Other editions - View all
Common terms and phrases
advanced infrastructure agencies airport areas Asia billion bonds budget Build-operate-transfer capacity cargo companies competition construction corporatized costs delivery demand efficiency electric power electronic data interchange expand facilities farmers FILP financing firms FLIA franchises freight funds government's Highway Hong Kong Island important improve incentives increase India industrial estates infrastructure development infrastructure projects infrastructure services institutions investment Japan Japan National Railways Johor Port Jurong Kansai International Airport kilometers Kowloon loans major Malaysia Plan ment Ministry monopoly operations and maintenance organization organizational patrollers percent Port Klang postal savings system priority private sector production profit promotion public corporations railway regional regulation regulatory responsible revenue road role rural sewerage Singapore Singapore's sources special account staff strategy Taiwan China telecommunications Telekom Malaysia telephone tion toll toll roads Towngas transport urban user fees water supply World Bank
Popular passages
Page 31 - To reduce the size and presence of the public sector in the economy
Page 4 - the Republic of Korea and the Democratic People's Republic of Korea. The
Page 28 - formulated by the National Economic Council, a ministerial council chaired by the prime minister, and the National Development Planning Committee,
Page xviii - The National Economic Council, a ministerial council chaired by the prime minister, and the National Development Planning Committee,
Page 26 - Ho, Samuel PS 1978. Economic Development of Taiwan, 1860-1970. New Haven, Connecticut: Yale University Press.
Page 31 - fairly rudimentary. For instance, no clear link exists between the functions of the regulatory agencies and the creation of incentives
Page 115 - the Irrigation Department's budget comes in the form of a grant from the
Page 4 - In May 1961 a military coup led by General Park Chung Hee
Page 85 - The major sources of revenue earmarked for infrastructure expenditures include a gasoline tax for road
Page 8 - the United States, and the other countries of the Organization for Economic Cooperation