Financial inclusion

banking services for disadvantagedeconomic inclusioninclusive finance
Financial inclusion is where individuals and businesses have access to useful and affordable financial products and services that meet their needs that are delivered in a responsible and sustainable way.wikipedia
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Microfinance

micro-financemicrofinancingmicro finance
Research on microfinance initiatives indicates that wide availability of credit for micro-entrepreneurs can produce informal intermediation, an unintended form of entrepreneurship.
What it does do, however, is enhance financial inclusion.

National Bank for Agriculture and Rural Development

NABARDNational Bank for Agricultural and Rural DevelopmentNational Bank for Agriculture and Rural Development (NABARD)
In partnership with the National Bank for Agriculture and Rural Development, the UN aims to increase financial inclusion of the poor by developing an appropriate financial products for them and increasing awareness on available financial services strengthening financial literacy, particularly among women.
NABARD is active in developing financial inclusion policy.

CIBI Information, Inc.

CRIB
Marlo R. Cruz, president and chief executive officer of CIBI Information, Inc. (CIBI) as one of the accredited credit bureaus in the Philippines, highlighted that this is expected to unlock much economic potential in sectors of the economy that are crucial for inclusive growth.
On their submitted 2016 Year-End Report, credit education towards financial inclusion was conducted by CIBI to 30 out of 71 provinces in the Philippines.

Alliance for Financial Inclusion

Alliance for Financial Inclusion's (AFI)
Together, we can build inclusive financial sectors that help people improve their lives.” More recently, Alliance for Financial Inclusion (AFI) Executive Director Alfred Hannig highlighted on 24 April 2013 progress in financial inclusion during the IMF-World Bank 2013 Spring Meetings: "Financial inclusion is no longer a fringe subject. It is now recognized as an important part of the mainstream thinking on economic development based on country leadership."
The Alliance for Financial Inclusion (AFI) is a network of financial inclusion policymakers.

AFI Global Policy Forum

Global Policy Forum Global Policy ForumGlobal Policy Forum (GPF)
AFI Global Policy Forum
AFI has more than 100 member institutions from more than 89 nations making the GPF the most important and comprehensive forum for regulatory institutions with an interest in promoting financial inclusion policy.

Bangko Sentral ng Pilipinas

Central Bank of the PhilippinesBSPCentral Bank
The Bangko Sentral ng Pilipinas (BSP) reports on Financial Inclusion Initiatives and Financial Inclusion in the Philippines summarizes the country's accomplishments and significant milestones in financial inclusion.
The Bank is active in promoting a financial inclusion policy and is a leading member of the Alliance for Financial Inclusion.

The Maya Declaration

Maya Declaration
Maya Declaration
The Maya Declaration is a statement of common principles regarding the development of financial inclusion policy made by a group of developing nation regulatory institutions during the Alliance for Financial Inclusion's (AFI) 2011 Global Policy Forum held in Mexico.

Y. Venugopal Reddy

Dr. Y. V Reddy
In the Indian context, the term ‘financial inclusion’ was used for the first time in April 2005 in the Annual Policy Statement presented by Y.Venugopal Reddy, the then governor, Reserve Bank of India.
In the Indian context, he was the first to use the term ‘Financial inclusion in April 2005 in his Annual Policy Statement as Governor of the Reserve Bank of India.

Financial deepening

Financial deepening
The All-India Debt and Investment Survey (AIDIS), 2002 raised concerns about financial inclusion, it may have reduced since 1990.

Financial services

financial sectorfinance and insurancefinancial industry
Financial inclusion is where individuals and businesses have access to useful and affordable financial products and services that meet their needs that are delivered in a responsible and sustainable way.

Unbanked

recipients who do not have a bank accountbanking depriveddo not have access to banks
One of its aims is to get the unbanked and underbanked to have better access to financial services.

Underbanked

underbanked consumers
One of its aims is to get the unbanked and underbanked to have better access to financial services.

Sub-Saharan Africa

sub-Saharansub-Saharan Africansub-Sahara
For example, in Sub-Saharan Africa, 24% of adults have a bank account even though Africa's formal financial sector has grown in recent years.

United Nations

UN🇺🇳U.N.
Former United Nations Secretary-General Kofi Annan, on 29 December 2003, said: ”The stark reality is that most poor people in the world still lack access to sustainable financial services, whether it is savings, credit or insurance.

Kofi Annan

United Nations Information Technology Service (UNITeS)Kofi AnanKofi Annan Foundation
Former United Nations Secretary-General Kofi Annan, on 29 December 2003, said: ”The stark reality is that most poor people in the world still lack access to sustainable financial services, whether it is savings, credit or insurance.

International Monetary Fund

IMFInternational Monetary Fund (IMF)the International Monetary Fund
Together, we can build inclusive financial sectors that help people improve their lives.” More recently, Alliance for Financial Inclusion (AFI) Executive Director Alfred Hannig highlighted on 24 April 2013 progress in financial inclusion during the IMF-World Bank 2013 Spring Meetings: "Financial inclusion is no longer a fringe subject. It is now recognized as an important part of the mainstream thinking on economic development based on country leadership."

World Bank

The World BankIBRDWB
Together, we can build inclusive financial sectors that help people improve their lives.” More recently, Alliance for Financial Inclusion (AFI) Executive Director Alfred Hannig highlighted on 24 April 2013 progress in financial inclusion during the IMF-World Bank 2013 Spring Meetings: "Financial inclusion is no longer a fringe subject. It is now recognized as an important part of the mainstream thinking on economic development based on country leadership."

Marlo R. Cruz

Marlo R. Cruz, president and chief executive officer of CIBI Information, Inc. (CIBI) as one of the accredited credit bureaus in the Philippines, highlighted that this is expected to unlock much economic potential in sectors of the economy that are crucial for inclusive growth.

Philippines

🇵🇭FilipinoPhilippine
Marlo R. Cruz, president and chief executive officer of CIBI Information, Inc. (CIBI) as one of the accredited credit bureaus in the Philippines, highlighted that this is expected to unlock much economic potential in sectors of the economy that are crucial for inclusive growth.

Philippine Statistics Authority

National Statistics OfficeNSOPSA
Based on a March 18, 2016 report from the Philippine Statistics Authority, the country's 2015 poverty incidence (the proportion of people below the poverty line versus the total population) is at 26.3% while the subsistence incidence (the proportion of Filipinos in extreme or subsistence poverty) is at 12.1%.

Reserve Bank of India

RBIcentral bankReserve Bank
In the Indian context, the term ‘financial inclusion’ was used for the first time in April 2005 in the Annual Policy Statement presented by Y.Venugopal Reddy, the then governor, Reserve Bank of India.

Mangalam, Puducherry

Mangalam
Mangalam, Puducherry became the first village in India where all households were provided banking facilities.

Puducherry

PondicherryPondichéryPuducherry Union Territory
As a result of the campaign, states or union territories such as Puducherry, Himachal Pradesh and Kerala announced 100% financial inclusion in all their districts.

Himachal Pradesh

HimachalHPHimachal Pradesh State
As a result of the campaign, states or union territories such as Puducherry, Himachal Pradesh and Kerala announced 100% financial inclusion in all their districts.

Kerala

Kerala statestate of KeralaKerala, India
As a result of the campaign, states or union territories such as Puducherry, Himachal Pradesh and Kerala announced 100% financial inclusion in all their districts.