AFI members are central banks and other financial regulatory institutions from more than 90 developing countries, where the majority of the world’s unbanked reside. AFI members have pioneered some of the most innovative policy approaches to extending the financial system to the unbanked while balancing safety and stability.
Member institutions set the agenda in the AFI network by choosing the policy solutions to focus on, and the modes of cooperation and knowledge sharing that suit them best.
Institutions interested in joining the AFI Network can contact firstname.lastname@example.org.
Bangko Sentral ng Pilipinas is one of AFI's founding members, having joined the network in April 2009.
In June 2019, National Bank of the Republic of Belarus hosted nearly 50 representatives from central banks and other financial regulators across the region at the ECAPI High-Level Policy Forum in Minsk.
Financial Regulatory Commission of Mongolia is a founding member of ECAPI, AFI's newest regional initiative.
Central Bank of the Russian Federation, also known as Bank of Russia, co-hosted the 2018 GPF at its southern city of Sochi.
Banco Central de la República Argentina recently hosted a training event for members in Latin America and the Caribbean to learn about DFS policies and regulations for financial inclusion.
Based in San Jose, Superintendencia General de Entidades Financieras de Costa Rica hosted last year's FILAC regional meeting. An active member of the AFI network, the head of the supervisory institution is also on AFI's board of directors.
In April, Superintendencia de la Economía Popular y Solidaria de Ecuador was among nearly 30 participants attending the FILAC regional meeting in Peru.
Banco Central de Reserva de El Salvador is Vice-Chair of AFI's Audit Committee and a member of its Gender and Women’s Financial Inclusion Committee.
Banque de la République d'Haiti recently published a case study on digital financial services in the country, as part of AFI's member series. It is chair of AFI's Audit Committee.
Comisión Nacional de Bancos y Seguros de Honduras recently published a case study on competitiveness' chain reaction for financial inclusion.
Comisión Nacional Bancaria y de Valores is one of AFI's founding members, having joined in April 2009.
Banco Central del Paraguay was rated "most engaged" in 2018, having attended two capacity building events under digital financial services, namely, a Peer Advisory Service in Malaysia and Public-Private Dialogue in Mexico.
Superintendencia de Banca, Seguros y AFP del Perú has a focus on digital financial services, proportionate AML/CFT framework as well as consumer protection and market conduct.
Centrale Bank van Suriname attended a joint learning program on in-country implementation and measuring progress of FIS and member training on AML/CFT in 2018.
Central Bank of Egypt is vice-chair of AFI's Gender and Women’s Financial Inclusion Committee, which recognised with the Advocacy Champion Award at the 2018 GPF in Sochi, Russia. The central bank's governor is on AFI's board of directors.
The Central Bank of Jordan is the central bank of Jordan whose main duties include the release and distribution of the Jordanian currency and the maintenance of a national reserve of gold and foreign currencies.
Bank Al-Maghrib is due to co-host a Symposium on Green Financial Inclusion in the Arab Region (FIARI) In October 2019.
Palestine Monetary Authority has completed nearly half of its Maya Declaration targets, and is currently progressing commitments to increase the number of women with bank accounts as well as the size of the SME credit portfolio.
Reserve Bank of Fiji recently co-hosted a conference on Smart Policies for Green Financial Inclusion, and authored a case study on outlining the bank's experience with financial inclusion and climate change.
Bank of Papua New Guinea recently announced a string of new Maya Declaration targets and has met its goal of reaching 1 million more unbanked, low-income people in the country, 50 percent of whom are women.
Central Bank of Samoa hosted the 2018 Pacific Islands Regional Initiative (PIRI) Leaders Roundtable.
Central Bank of Seychelles held a FinTech workshop on leveraging FinTech to improve access to financial services and facilitate broader digital transformations in May 2019.
Central Bank of Solomon Islands hosted the 5th Pacific Islands Regional Initiative (PIRI) in June 2019 under the theme of “Advancing Green Finance through Youth Inclusion”.
Microcredit Regulatory Authority of Bangladesh has made 7 Maya Declaration targets, including pledges to strengthen transparency and accountability through capacity building and greater focus on financial literacy.
Bangladesh Bank has made 50 Maya Declaration targets. Among those completed were increases to the number of female entrepreneurs, agent banking outlets and SME financing in the banking sector. Its governor, Fazle Kabir, is also on AFI's board of directors while the central bank is also a member of the network's Global Standards and Policy Committee.
Insurance Development and Regulatory Authority of Bangladesh is one of four AFI members from Bangladesh. In 2018, the government body for regulating and developing the insurance sector made two Maya Declaration Commitments and was an active participant of the AFI GPF in Sochi, Russia.
The ministry is responsible for state finance, including the state budget, taxation and economic policy in Bangladesh.
Royal Monetary Authority of Bhutan has been instrumental in advancing financial inclusion in the country, including by formulating a National Financial Inclusion Policy and conducting a demand-side and supply-side survey to guide policy intervention. It is currently a member of AFI's Audit Committee.
Maldives Monetary Authority is a principal member that joined AFI in January 2010.
Among its seven Maya Declaration targets, Nepal Rastra Bank will conduct a financial literacy program that targets the country's youth population.<
State Bank of Pakistan recently participated in two capacity building sessions in Malaysia, namely, the peer advisory service and member training.
Banco Nacional de Angola recently attended a Joint Learning Program initiative on Tanzania's National Financial Inclusion Framework as well as member training for person financial management trainers in Portugal.
Among the most recent events hosted by Banque de la République du Burundi was a workshop held in November 2018 on implementing its National Financial Inclusion Strategy. The central bank has made 14 Maya Declaration Targets, including doubling its financial inclusion rate.
Banque Centrale du Congo has completed half of its Maya Declaration targets including to improve consumer protection regulations.
Central Bank of Eswatini recently attended several events focusing on DFS, including a joint learning program in Ghana and PPD events with Mastercard in Guinea and Visa in Jordan.
Ministry of Finance of Eswatini received an AFI Policy Grant to further consumer protection an financial literacy strategies. It contributed to a recent case study on Agricultural Finance Intervention in the country.
Banque Centrale de la République de Guinée co-hosted the 6th Annual Leaders Roundtable for the African Regional Policy Initiative (AfPI) in 2018, during which Governor Louncény Nabe was elected as chair of the regional initiative.
Retirement Benefits Authority of Kenya recently took part in a Joint Learning Program initiative on Tanzania's National Financial Inclusion Framework.
Central Bank of Kenya is chair of AFI’s Global Standards and Policy Committee.
Sacco Societies Regulatory Authority (SASRA) Kenya participated in public-private dialogue programs in Jordan and Guinea.
Central Bank of Lesotho is a member of the Gender and Women’s Financial Inclusion Committee, which was recognized with the Advocacy Champion Award at the 2018 GPF in Sochi, Russia.
Central Bank of Liberia recently took part in a number of capacity building events, including a peer advisory service in Nigeria and joint learning program in Ghana.
Banque Centrale de Madagascar is a member of the digital financial services (DFS) working group.
Reserve Bank of Malawi recently took part in numerous capacity building events, including joint learning programs in Armenia (CEMC), Ghana (DFS) and Tanzania (FIS).
Banco de Moçambique has completed many of its 19 Maya Declaration targets, including to increase financial inclusion rates 25 percent by 2019.
Bank of Namibia has five Maya Declaration targets. Among those completed is the development of a national financial inclusion strategy.
National Bank of Rwanda is co-hosting the 2019 GPF in Kigali under the theme of "Using Technology for Inclusion of Women and Youth".
Banco Central de São Tomé e Príncipe recently attended member training under AFI's capacity building framework, including on digital financial services in Côte d'Ivoire, Timor-Leste and Guinea.
Bank of Sierra Leone received an AFI policy grant to help establish a financial inclusion unit.
Central Bank of The Gambia has taken part in numerous member-driven events, including a joint learning program on financial inclusion strategies in Tanzania and member training on FIS and data programs in Malaysia.