bhutan banks

Entry of foreign bank is both opportunity and challenge: IMF

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February 25, 2010: International Monetary Fund (IMF) has expressed both happiness and caution on the entry of foreign banks in the banking industry of Bhutan. Though it said, the entry would open up markets for competition and improve distribution of money, the IMF said it will also pose challenges on loans and credits. The international … Read more

Streamlining loans

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December 11, 2009: Talked since 1997, Royal Monetary Authority (RMA), the central banking authority, has finally launched Credit Information Bureau (CIB) Project that is expected to ease the teething process customers have been facing to get loans from banks and other financial institutions. Initially, the project will be a test run in banks for three … Read more