Federal finance and statistics / Central Bank of Nigeria

Microfinance Sustainability in a Digitalised Economy

The study examines microfinance sustainability in a digitalised economy using a panel dataset of 1,314 microfinance banks in Nigeria spanning 2012 to 2020. The results show that digitalisation poses significant threats to microfinance sustainability in Nigeria. The industry presently faces strong competition from commercial banks and Fintech companies, and is characterised by a low capital base, product innovation and market penetration, high transaction costs, and some idiosyncratic risks. | Keywords: Microfinance; Bank, Panel Data, Sustainability, Digitalisation

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Source	Central Bank of Nigeria
Collection	Federal finance and statistics
Kind	Document
Publisher	Central Bank of Nigeria
Date	2023-11-17
Type	document
Found at	https://www.cbn.gov.ng/api/GetAllDocuments
Archived copy	Look it up in the Wayback Machine
Record ID	`cbn:cbn:7b299c99e538c6a0`

Cite this record

Microfinance Sustainability in a Digitalised Economy. Central Bank of Nigeria, 2023. Vero Archive, record cbn:cbn:7b299c99e538c6a0.