April 11th, 2018

Snapshots: Governors & Deputy Governors take the helm on SME finance at AFI high-level JLP

As part of the intensive, high-level Joint Learning Programme (JLP), “Building an Inclusive MSME Financing Ecosystem,” which is taking place from 9-13 April, 2018, participants were involved in field visits to various financial institutions including Laman Informasi Nasihat dan Khidmat (LINK), SME Corporation Malaysia, Credit Counselling and Debt…

March 14th, 2018

Bridging the financial inclusion gender gap: Insights from women at the heart of AFI

AFI members are committed to the Denarau Action Plan (DAP) with the aim to increase women’s access to quality and affordable financial services globally. The DAP targets to accelerate the progress of women's financial inclusion by halving the financial inclusion gender gap across AFI member countries by 2021.

To help shape the conversation…

March 13th, 2018

Did you know that more than one billion women are still excluded from formal financial services? The Denarau Action Plan targets to accelerate the progress of women's financial inclusion by halving the financial inclusion gender gap across AFI member jurisdictions by 2021.

View the infographic below to learn about the gender gap in financial inclusion and how AFI plans to promote women's economic empowerment through the Gender and…

March 12th, 2018

Insights into advancing women’s economic empowerment by Women’s World Banking

In conjunction with International Women’s Day, we asked one of our partners, Women’s World Banking (WWB), to share their perspective on advancing women’s economic empowerment. What’s holding women back from accessing mainstream finance, and how can we can advance the drive for greater inclusion? Read on for more insights.

AFI: In your opinion, how have…

March 9th, 2018

Data protection, analytics are key to empowering consumers & advancing financial inclusion

Following the productive Consumer Empowerment & Market Conduct (CEMC) and Financial Inclusion Data (FID) Working Group meetings, more than 80 AFI members attended a training on Consumer Empowerment & Data. Co-hosted by mastercard, the training discussed the role of data, and how the public and private sector can collaborate to enhance data…

February 28th, 2018

Deepening connections between Bhutan and India through cross-border payments

Did you know that India accounts for over 86 percent of Bhutan’s total trade? The 2016 record[1] reveals a total of Nu.32.05 Billion (approx. $482 Million) of exports and around Nu.55.28 Billion (approx. $859 Million) of imports, to and from India respectively. Besides the rise in trade, tourism between Bhutan and India have increased every year. In 2017, tourists…

January 29th, 2018

Measuring progress and progress in measuring: Reflections from 10 years of bringing smart policies to life with Prof Thorsten Beck

“Champions for financial inclusion are extremely important, it is easier to push the agenda forward with them.” – Prof Thorsten Beck

AFI had the honour of hosting Professor Thorsten Beck in its Kuala Lumpur headquarters to reflect about the 10-year journey of bringing smart policies to life, and evolution…

January 25th, 2018

Top 5 financial inclusion publications to skyrocket policymaking

As we gear up for a busy 2018, here’s a compilation of our five most popular publications that were added to the AFI publications library last year. Take a moment to get caught up on the major topics in financial inclusion and research produced in 2017. 

#1 Financial Inclusion of Forcibly Displaced Persons: Perspectives of Financial Regulators

One of the most…

January 12th, 2018

Bank Al-Maghrib: Fulfilling our Maya Declaration Commitments

Did you know that Morocco’s banking rate went up by 70 percent in 2016 after staying dormant at 25 percent in the last 10 years?

Financial inclusion is instituted as a strong commitment of Bank Al-Maghrib since 2007, making it a key objective and one of the main vehicles of a global strategy for the financial sector development by 2020. The Bank Al-Maghrib achieved its…

January 10th, 2018

Five trailblazing DFS and FinTech regulatory trends not to miss in 2018

2018 is set to be an innovative year for regulators and policymakers!  

Innovative, technology-based financial services hold untapped potential for financial inclusion. Due to rapid growth and ensuing complexity of digital ecosystems, regulators will focus on building their capacities because learning is key to better regulation. Increasing number of regulators…