[Media] Bangla and English Press Releases by COAST Foundation and Partners 10 January 2026

[Mustafa Kamal Akanda]

Dear Friends and Media

COAST Foundation, BDCSO Process, and EquityBD have warned that the
government’s proposed microcredit bank, promoted as a “social innovation,”
could undermine Bangladesh’s proven microfinance system and expose the
poorest communities to serious financial risks.

“Global experience shows that bankified microfinance often drifts from its
original mission, leaving the poorest excluded from services.”

We would like to request you to please consider publishing the press release
in your esteemed media. If you have any queries, please do not hesitate to
contact me by mobile/WhatsApp +880 1711455591 or Mr. Rezaul Karim Chowdhury
Bhai +8801711529792.


Sincerely
*Mustafa Kamal Akanda (Mr)*
Director- Administration & SR
COAST Foundation
Mobile & WhatsApp: +8801711455591
www.coastbd.net, <http://www.coastbd.org>
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