This study examines the exposure of microfinance institutions to liquidity, interest rate and foreign exchange (FX) risk. It builds on a manually collected set of data on FX positions and the maturity structure of assets and liabilities of the largest microfinance institutions worldwide. The...

Central bank balance sheets have changed considerably in the years following the crisis and central banks face heightened scrutiny from government and stakeholders over the composition of their assets and liabilities, and volatility in reported income. Drawing on a range of experiences from...

The relevance of this study lies in the fact that financial risk is a serious obstacle to the development of social entrepreneurship, preventing the implementation of potential support for sustainable development goals in business. The purpose of this article is to clarify specific aspects of...