There have been a number of fatal dam breaks in the United Statest. 1977: The Kelly Barnes Dam, an old earthen dam in Georgia, gave way in the middle of the night. Internal erosion probably caused the failure. Thirty-nine people were killed at a small bible college below the dam.
The types of financial institutions include commercial banks, investment banks, insurance companies, brokerages, investment firms, management investment companies and non-bank financial institutions including credit unions, payday lenders and savings and loans institutions.
Microfinance, in All Shapes and Sizes Regulation of the microfinance industry has its many benefits, though it can be an involved process due to the variety of MFIâs. Very generally, microfinance institutes can be divided into non-bank and bank MFIâs. Within these two divisions, however, are numerous types, including cooperative societies, commercial banks (both state-owned and private) and development banks, Non-governmental Organizations (NGOs) and International NGOs (INGOs).