The Central Bank of the Russian Federation (CBR) has officially joined the Alliance for Financial Inclusion (AFI) as a principal member institution. The addition means the AFI Network is now comprised of 117 members from 94 nations worldwide.
CBR is the AFI Network's second principal member from Russia along with the Ministry of Economic Development of the Russian Federation. The Russian Microfinance Center (RMC) is an associate member of AFI.
The importance of financial inclusion as a unique driver of economic growth and social development took center stage this week at the Gaidar Forum, Russia's premier annual conference for policymakers, economists and private sector executives, held under the overarching theme "Sustainable Development" on 15-17 January 2014 at the Russian Presidential Academy of National Economy and Public Administration in Moscow.
The Gaidar Forum was held at the Russian Presidential Academy of National Economy and Public Administration 15-17 January 2014 in Moscow, Russia. Download Alliance for Financial Inclusion's (AFI) Executive Director Alfred Hannig's talking points from the forum.
Russian Microfinance Center (RMC) President Mikhail Mamuta highlighted the goal of the Russian Federation to reduce the percentage of its population without access to formal financial services during the XII National Conference on Microfinance and Financial Inclusion held on 23-25 October 2013 in Moscow, Russia. RMC, a member institution of the Alliance for Financial Inclusion (AFI), co-organized the event with the overarching theme of "Innovation and Consumer Protection – Implementing Client-Centric Approach”.
Finance ministers and central bank governors from the G20 emphasized the importance of the Alliance for Financial Inclusion (AFI), the Maya Declaration and the AFI SME Finance Working Group (SMEFWG) during a meeting held 19-20 July 2013 in Moscow, Russia to review the current state of the global economy and discuss the required policies to stimulate economic growth in preparation for the upcoming G20 Leaders’ Summit.