South Asia

Regional News

Winners of AFI’s first-ever FinTech showcase take a bow

2019-09-13

Congratulations to agricultural insurance provider OKO for taking first place in AFI’s first-ever FinTech showcase at the 2019 AFI Global Policy Forum (GPF). Chosen by popular vote, OKO won over GPF participants with its innovative product and pitch, beating stiff competition from nine other financial technology (FinTech) firms. 

Policy area: Digital Financial Services, Emerging Financial Inclusion Areas

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Climate change youth activist urges regulators to act now!

2019-09-13

Climate change youth activist urges regulators to act now!   Fifteen-year old climate change activist Leah Namugerwa urged participants at the 2019 AFI Global Policy Forum (GPF) to respond with haste to the current climate emergency, reminding them that it is the youngest generations who will suffer most from inaction.

Policy area: General FI, Emerging Financial Inclusion Areas

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AFI hails first Gender Ambassadors for supporting diversity

2019-09-13

AFI hails first Gender Ambassadors for supporting diversity AFI welcomed its first Gender Inclusion Ambassadors at the 2019 AFI Global Policy Forum (GPF), recognizing the members who are fulfilling their Denarau Action Plan commitments and striving to support greater diversity within their institutions and close the financial

Policy area: Measuring Financial Inclusion, General FI, Emerging Financial Inclusion Areas

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AFI global network expected to adopt Kigali Statement at 2019 GPF

2019-09-10

AFI member institutions are expected to adopt the Kigali Statement at the upcoming 2019 AFI Global Policy Forum (GPF), co-hosted by the National Bank of Rwanda (BNR) and AFI under the theme of “Using Technology for Inclusion of Women and Youth”.

Policy area: General FI, Emerging Financial Inclusion Areas

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Graduates celebrate completing leadership & diversity program

2019-09-09

Cheers and applause broke out as the graduates of the first-ever Leadership and Diversity Program for Regulators received their certificates of accomplishment on September 9 ahead of the official opening of the 2019 AFI Global Policy Forum (GPF) in Kigali, Rwanda.

Policy area: General FI

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More than 90 policymakers to converge for GSP & FISPLG Working Group meetings in Siem Reap from 24-27 April 2018

2018-04-23

The four-day event will also include a training on sex-disaggregated data on 27 April, 2018 where an AFI Special Report on Gender Diversity and Women’s Leadership in AFI Member Institutions will be launched.

Policy area: General FI

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Bangladesh Bank backs AFI network’s strategic initiatives

2018-01-24

As part of high-level engagement with member institutions in the Asia region, AFI’s Executive Director, Dr. Alfred Hannig met with Governor Fazle Kabir, Deputy Governor Sur Chowdhury, Deputy Governor Razee Hassan, Deputy Governor Moniruzzaman, Chief Economist Faisal Ahmed and other members of the management team of Bangladesh Bank (BB), during a high-level meeting hosted by the Central Bank in Dhaka, on 23 January 2018.

Policy area: General FI

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Empowering women entrepreneurs in Bangladesh

2018-01-05

Social and cultural constructs create economic barriers for women, more so in emerging economies. In Bangladesh, access to finance remains the greatest hurdle for women entrepreneurs. Although women make up half of the labor force aged 15-49, they represent only 17 percent of those employed by cottage, micro, and small and medium enterprises (CMSMEs) that account for 99.93 percent out of 7.8 million businesses in the country.

Policy area: Consumer Empowerment and Market Conduct, General FI

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Governor Dasho Penjore of Royal Monetary Authority of Bhutan is awarded the Order of Druk Thuksey by His Majesty The King of Bhutan

2017-12-20

An active member of the AFI network since 28 October, 2010, RMA has been instrumental in advancing financial inclusion for the country including formulating its National Financial Inclusion Policy in 2014 and conducting a demand-side and supply-side survey to guide policy intervention.

Policy area: General FI

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AFI members from Asia-Pacific share knowledge on their progress in financial inclusion

2017-12-16

Among numerous topics discussed, the participants that included more than 50 central bankers, financial regulators, ministry of finance officials and development partners from 14 countries in the Asia-Pacific, deliberated on the role of FinTech in advancing financial inclusion and the impact it has on financial integrity, consumer protection and financial stability.

Policy area: Digital Financial Services, General FI

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