Pakistan Microfinance Review



Identification & Assessment of Risks 2021

The Pakistan Microfinance Network (PMN) has taken constructive steps to promote sound risk management practices amongst microfinance practitioners across Pakistan. As part of PMN’s long-term strategy to achieve sustainable growth in the Pakistan microfinance sector, PMN had launched the first Risk Register for the microfinance sector in Pakistan in 2016. The Risk Register focuses on four broad risk categories: Operational Risk, Financial Risk, External Risk, and Strategic Risk. For each major risk category, the template further includes specific risk sub-categories keeping in view global best practices and regulatory requirements pertaining to risk management, along with constructive input from industry practitioners.