Regulatory Alerts2018-01-01
Decision No. 358 of 2018 Approving Sanda Microfinance Company's Two Branches for Microfinance Operations
The Financial Regulatory Authority issued Decision No. 358 of 2018 to approve the regularization of two branches belonging to Sanda Microfinance Company, authorizing them to conduct microfinance activities. This regulatory measure formally adjusts the operational status of these branches, enabling them to legally expand their microfinance lending operations under current licensing frameworks. The authorization ensures full compliance with sectoral standards, allowing the branches to continue providing financial services to small-scale borrowers without regulatory restrictions.
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