The central bank is part of five working groups. Happy New Year and Welcome to the AFI Data Portal (ADP)! DALLAS, June 2, 2023 /PRNewswire/ -- GI Alliance, the nation's premier gastroenterology management organization, is excited to announce a partnership with Digestive Health . Community Affairs Specialist The General Delegation for Rapid Entrepreneurship for Women and Youth (DER/FJ) is a public created entity in 2018 and attached to the Presidency of the Republic of Senegal, with the aim to define and implement strategies for the promotion of self-employment of youth and women. According to its website, the group is "a coalition of longstanding . They have made 174 Maya Declaration commitments. identifies and solves issues and obstacles associated with new product or service development. Ministry of Finance, Zambia has been a principal member since April 2019. A new G20 report, launched by the Alliance and partners, outlines 10 policies for reaching 1 billion financially excluded women, as Alliance members lead on a number of fronts to mitigate the impact of the pandemic. National Bank of Rwanda is a principal member that joined in May 2009. AFIs cooperation model was designed to fulfil the objectives of supporting members financial inclusion agenda. Last month, Luxembourg extended its cooperation agreement with theAlliance for Financial Inclusion(AFI), to advance inclusive and sustainable policies and regulations in Eastern Europe, Central Asia, the Middle East, Call for Expression of Interest to Join the Research Advisory Council (RAC) for the Alliance for Financial Inclusion project on Inclusive Green Finance initiatives for MSMEs. Nepal Rastra Bank joined AFI in December 2010. stakeholders; and federal bank regulators. It was launched in 2016 with support from Canadas International Development Research Center. More than 30 countries represented by AFI member institutions, went a step further by announcing specific and measurable commitments. AFI was founded in 2008 as a Bill Melinda Gates Foundatio Retirement Benefits Authority of Kenya joined AFI in November 2014 and is an associate member. Together, they have implemented 251 policy changes that can be attributed to the regional initiatives work in financial inclusion. The central bank is a member of four AFI working groups. The central bank is an active member of the network, having received special recognition for events organized to commemorate AFIs 10th anniversary. Check the status of financial inclusion policies and regulations across the AFI network, and download primary legal sources. Mongolia is one of the countries in the world most vulnerable to climate change. The COVID-19 pandemic triggered widespread unemployment and falling levels of gross domestic product and disproportionately impacting the most disadvantaged segments of populations. 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. The Coast was South African Reserve Bank has been an associate member since April 2016. technical assistance, and other asset-building programs. widespread availability and use of secure and affordable financial products from insured depository The central bank received an AFI policy grant to establish a national coordination structure and implement a national financial inclusion strategy. banking industry research, including quarterly banking (Reuters) - "Political attacks" are interfering with insurers' efforts to price climate risks, the Glasgow Financial Alliance for Net Zero . and use of retail financial products. conferences and events. The central bank also serves as the chair of the AFIs regional initiative in Africa, the African Financial Inclusion Policy Initiative or AfPI. Welcome to AFI Educate Online Portal! It has made 13 Maya Declaration targets. Before his work with AFI, Dr. Hannig served in . Rollingwood, and West Lake Hills. institutions. Kansas City Metropolitan Area and surrounding areas throughout the states of Kansas and Missouri. They also represent the thematic areas that AFI actively participates in: Examines the importance of consumer empowerment and protection to improve the quality of financial services. Central Bank of Sri Lanka is a principal member that joined the AFI network in January 2010. Harrison, Hinds, Holmes, Humphreys, Issaquena, Jackson, Lamar, Leflore, Marion, Panola, Pearl River, [2], Policy leadership alliance (919) 787-8727 x 4915 Contact: It has made seven Maya Declaration targets in thematic area such as financial literacy, financial education and national financial inclusion strategies. This includes the implementation of global interoperability across BCEAOs member countries by end of 2020, including digital financial service providers, accounts and channels. The AEI has three standing committees: AEI-sponsored working groups focus on specific challenges, such as financial products and education needs It is a principal member. Its deputy governor, Elsie Addo Awadzi, serves as chair of AFIs Gender Inclusive Finance Committee. Macomb Counties. Its deputy governor, Nadia Gamha, is on AFIs board of directors. Central Bank of Egypt is a principal member of AFI, having joined in June 2013. Insurance Development and Regulatory Authority of Bangladesh, Ministry of Finance and Economic Planning, Sacco Societies Regulatory Authority (SASRA) Kenya, Ministre des Finances et du Budget, Madagascar, Ministre des Finances de la Rpublique Tunisienne, UK Foreign, Commonwealth & Development Office, Luxembourg Ministry of Foreign and European Affairs, This page was last edited on 10 February 2023, at 08:09. Caribbean. National Bank of Cambodia joined AFI in January 2015 as a principal member. basic retail financial services, including affordable and safe deposit products, childrens savings It has made nine Maya Declaration targets, including the development of regulations for the implementation of cybersecurity controls and to improve its national financial education policy. The company was established in 2017 and is owned by the Central Bank of Jordan (CBJ) and all commercial banks in Jordan. In 2017, the central bank received a policy grant from AFI to enhance financial inclusion and attend capacity building activities. and use of safe, affordable, and sustainable financial products from insured depository institutions that Participants engage with the KC AEI by attending conferences The central bank has pledged 27 Maya Declaration targets, including the development of gender disaggregated indicators to better monitor and assess the financial inclusion gender gap. Peer-learning network. Inclusion Initiative They have implemented 29 policy changes linked to the regional initiatives work in financial inclusion, published four knowledge products and made 53 Maya Declaration commitments. Contact: FILAC is a regional initiative that aims to be the driving force for advancing financial inclusion in Latin American and Caribbean countries. Registration for the next intake of CEFI, the online training for financial inclusion by AFI and Frankfurt School of Finance & Management, opens on 1 June 2022 on the Frankfurt School of Finance & Management website. It active in five working groups and has made three Maya Declaration targets, including to complete national financial sector strategy. Tanzania's journey towards enhancing access and usage of formal financial services to the majority of the population started in the early 1990s, fo. AFI partnered with the Mastercard Foundation to implement a two-year COVID-19 Policy Response program in Africa. The central bank, a member of six working groups, has made 21 Maya Declaration targets, including to implement sustainable banking principles by 2022 and to formulate a comprehensive policy framework that promotes access to finance for persons with disabilities by 2021. AFI has pioneered knowledge exchange platforms among policymakers and stakeholders worldwide to build a more comprehensive knowledge base of financial inclusion. It has made 20 Maya Declaration targets. Sign up for a user account now to learn more about the Financial Inclusion journeys of AFI members! Working Groups take on particular projects, such as: Members can get involved with the AEI by attending a quarterly meeting or volunteering to serve on Jordan Payments and Clearing Company (JoPACC) is a domestic payment system operator that manages and develops several payment systems, introduces innovative digital financial solutions that directly benefit end-users, and produces and disseminates knowledge about digital financial services in Jordan. The Among its main interests are digital financial services and gender inclusive finance. The Alliance for Economic Inclusion (AEIs) are coalitions of local financial institutions and consumer, faith-based, community, and government organizations. This article was originally published at Farvest.com. A member-owned network, we empower policymakers to increase access and usage of quality financial services for the underserved through the formulation, implementation and global advocacy of sustainable and inclusive policies. It was founded in 2009 by Bangko Sentral ng Pilipinas, Bank Indonesia, Bank of Thailand, Central Bank of Kenya and Comisin Nacional Bancaria y de Valores in close collaboration and with support from the Bill & Melinda Gates Foundation and the Deutsche Gesellschaft fr Internationale Zusammenarbeit GmbH (GIZ), AFI was established with the goal of advancing the development of financial inclusion policy in developing and emerging economies. Other initiatives It is also active in two working groups: Financial Inclusion Strategy Peer Learning Group and Consumer Empowerment and Market Conduct Working Group. In this regard, the Financial Regulatory Commissi IADI-AFI Joint Webinar on Maximizing the Potential of Deposit Insurance for Financial Inclusion: Lessons Learned, Key Challenges and The Way Forward, African Financial Inclusion Policy Initiative Meetings (AfPI) & Pacific Islands Regional Initiative Meetings (PIRI). It is a principal member that is working towards completing eight Maya Declaration targets, including the promotion of evidence-based financial inclusion policies and consumer empowerment. Banque Centrale de la Rpublique de Guine joined AFI in July 2009 and is a principal member. Ministre de lEconomie et des Finances du Burkina Faso, Securities and Exchange Commission of Cambodia, PSuperintendencia General de Entidades Financieras de Costa Rica, Ministre de lconomie et des Finances de la Cte d'Ivoire, Superintendencia de Bancos de la Repblica Dominicana, Superintendencia de la Economa Popular y Solidaria de Ecuador, Banque Centrale de la Rpublique de Guine, Comisin Nacional de Bancos y Seguros de Honduras, State Service of Regulation and Supervision for Financial Markets, Financial Regulatory Commission of Mongolia, Ministre des Finances de la Rpublique du Niger, Superintendencia de Banca, Seguros y AFP del Per, Ministre de l'Economie, des Finances et du Budget du Sngal, National Treasury of the Republic of South Africa, Social Security Regulatory Authority of Tanzania, Ministre de l'Economie et des Finances du Togo, Autorit de Contrle de la Microfinance de la Rpublique Tunisienne, Central Bank of the Republic of Uzbekistan, La Commission Bancaire de Afrique Centrale, West African States - Union Montaire de l'Afrique de l'Ouest, Banque Centrale des Etats de l'Afrique de l'Ouest, Sasana Kijang, 2, Jalan Dato' Onn, 50480 Kuala Lumpur, Malaysia, Effective governance with Board of Directors and management unit driven by values of transparency, accountability and flexibility, Full ownership by members who lead and set the agenda for the networks initiatives including Working Groups, Regional Initiatives and capacity building, Solid administrative and financial system with resources focused on operational and financial sustainability, Meaningful and binding partnerships with like-minded institutions, Sustainability of AFI services and knowledge resources. The central bank is highly active in seven AFI working groups. The Housing information sourced directly from policymakers and regulators, the ADP empowers countries to share their financial inclusion stories and formulate policies through on data while also facilitating the study and understanding of trends in financial inclusion. (734) 462-2484 x 8520 several working groups including but not limited to: Account Access, Financial Education, and Hispanic Kindly contact progress@afi-global.org if you encounter any technical difficulties. The central bank was among the recipients of the Advocacy Champion Award at the 2018 AFI Global Policy Forum. Bank of Sierra Leone is a principal member that joined in August 2009. Banque Centrale des Etats de lAfrique de lOuest, or BCEAO, is a principal member that received the Maya Declaration Award at the 2018 AFI Global Policy Forum in Sochi, Russia for reporting significant progress in financial inclusion on the AFI Data Portal. facilitates broad-based coalitions throughout the state to bring unbanked populations into the financial Institutions interested in joining the AFI Network can contact membership@afi-global.org. Explore and download financial inclusion data shared by the AFI network. Bank of Papua New Guinea is principal member at AFI, having joined in August 2010. Participation in the KC AEI is open to banks, credit unions, community-based As of 2021, the regional initiative comprised eight AFI members in eight countries. Reserve Bank of Vanuatu, a member of five working groups, has announced eight Maya Declaration targets. Metropolitan Statistical Area (MSA) and the principal cites of Austin, Round Rock, Georgetown, Leander, Alliance for Financial Inclusion The world's leading organization on financial inclusion policy and regulation. Ministry of Finance of Eswatini, a principal member that joined AFI in May 2013, is part of six working groups. The AEI aims to advance and strengthen the financial capability Customized Assistance (Tier 3 only) Resource Library (Members only) Sample Documents (Tier3 only) Museum magazine . Alliance for Financial Inclusion 2009-2023. In the same year, the central bank launched a financial capability assessment project to develop a national baseline for financial capability in Armenia and identify measurable targets for the NSFE. Their work has contributed to 65 policy changes and led to the publication of eight knowledge products. With PIRI, AFI has created a unique model of south-south engagement and peer learning that aims to provide all low-income Pacific Islanders with access to formal and informal financial services. Kansas City Metropolitan Area). If you are an existing user and have not reset your password, please click on "forgot password" and enter the email address you used to register for the ADP. It also hosts workshops for bank lending officers to enhance small From AFIs regional office in Abidjan, Cte d'Ivoire, AfPI brings together high-level representatives from African financial policymaking and regulatory institutions to enhance the implementation of innovative financial inclusion policies across the continent. and through active involvement in the KC AEI Working Groups. Members represent financial institutions, community organizations, and government at all levels. It has been an active participant of capacity building events, such as at member training on digital financial services and anti-money laundering and countering financing of terrorism. Responding to global trends, Dr. Hannig described in 2021 a recent evolution in financial inclusion: Financial inclusion is no longer just about access to finance and bringing unreached groups into access to formal financial services. It is an associate member that has made 27 Maya Declaration targets, of which 24 have been completed. The central bank, a principal member, participates in six working groups. While the region has witnessed significant advancements in financial access in recent years, at least 121 million people remain excluded from formal banking. Since 2016, members have attributed over 100 policies and regulations to AFI annually, an indication that the preparatory work going back many years is beginning to be realized. homeownership while supporting the programs and concerns of its membership. Banco Central de So Tom e Prncipe is a principal member of AFI, having joined the network in November 2015. With experience in startups, like Edumentory, Bosita Consulting, Gidi Finland, and Njiko has a track record of both successes and failures. Happy New Year and Welcome to the AFI Data Portal (ADP)! Dr. Hannig is a member of the AFI Steering Committee and heads the AFI Management Unit. Mary Salinas Durn #afiGPF2018. Contact: This report provides practical guidance on the development of ESRM guidelines for financial institutions. organizations, small businesses, faith-based organizations, state and local government agencies, community Alliance for Financial Inclusion is part of the Finance industry, and located in Malaysia. AFI's core mission is to encourage the adoption of inclusive financial policies in developing nations, to lift 2.5 billion citizens out of poverty. To date, it has made and completed 15 Maya Declaration targets, including that 40 percent of adults have at least one type of regulated deposit account. It is a principal member and is active in four working groups. The AEI launched in 2007 to serve the Gulf Coast (Hancock, Harrison, and Jackson Counties) following Central Bank of Kenya is chair of AFIs Global Standards and Policy Committee. The program targeted 49 financial sector regulators and policymaking institutions across the region to effectively respond to the economic consequences of the pandemic. AFI partners with regulators in advanced economies, international organizations and private sector leaders to drive practical solutions and facilitate the implementation of impactful policy changes through its cooperative model that embeds peer learning, knowledge exchange and peer transformation. community-based nonprofit organizations, Community Development Financial Institutions (CDFIs), and testimony on the latest banking issues, learn about policy The FDIC is proud to be a pre-eminent source of U.S. and government agencies. It has completed 19 of its 37 Maya Declaration targets, including to finalize a financial technology strategy and draft a new banking law to boost digital financial services. Kindly drop us an email at progress@afi-global.org. It also actively involved in all seven AFI working groups. In 2011, it co-hosted the AFI Global Policy Forum in Riviera Maya, Mexico. Promotes the development, implementation, and monitory and evaluation of national financial inclusion strategies. Houstons efforts to educate consumers on safe and insured deposit accounts and savings and credit In 2019, the Moroccan central bank co-hosted the Global Green Conference in Rabat, which to foster dialogue and cooperation on how financial policymakers and regulators can help resolve the effects of climate emergencies through inclusive green finance. FIARI is a regional platform created amid growing demand from member institutions for tailored solutions to regional financial inclusion issues. [29], In 2016, AFI completed its transition from being an exclusively donor-funded project into an independent and member-supported international network of policymakers. Our focus is on delivering an easy-to-deal-with customer experience in every turn of the elevator and escalator lifecycle. mainstream. Chicago Region Tepricka Morgan Housing (Rural and Urban) and Small Business. It is a principal member of the AFI network that joined in February 2010. We are delighted to announce that nominations for the 2023 AFI Global Financial Inclusion Awards are now open! Meetings invite local and national speakers to discuss It has made 25 Maya Declaration targets, including to increase the coverage of adults in credit reference bureaus to 40 percent by 2022. Provides technical support on the proportionate application of global standards while supporting, exchanging and discussing measures that strengthen and balance both financial sector stability and integrity. The supervisory institution has set eight Maya Declaration targets, of which four have been marked as completed. The region has been impacted by natural disaster as well as economic variations. Members can get involved with the AEI by attending a Banque Centrale de Tunisie is a principal member that joined the network in July 2018. The Boston AEI covers the majority of the Boston-Cambridge-Newton, MA-NH Metropolitan Statistical Area The central bank is a member of three working groups. system. information. providing them with a unique perspective on entrepreneurship and business management.<br><br>A fluent speaker of English, Finnish, Portuguese, Ibo, and Yoruba . nonprofits, CDFIs, and government agencies. Participation in the LA AEI is open to banks, credit unions, community-based nonprofits, CDFIs, and The central bank is a principal member that joined AFI in February 2012 and sits on AFIs Gender Inclusive Finance Committee. The central bank has completely three of its eight Maya Declaration targets, including the development of a framework to collect financial inclusion data that will guarantee data integrity. Central Bank of Iraq joined AFI in December 2020. The AEI conducts its work through three subcommittees: Asset Building & Financial Education/Unbanked & Business Development Committee. It has joined three AFI Working Groups. accounts, and small dollar loan programs. The regional central bank, a member of six working groups, joined the AFI network in January 2011. Increase access to financial services for the 50 percent unbanked youth. leveraging collaborations with KC AEI members to create new partnerships, new programs, and/or support Of these, four have been completed, including on financial literacy, financial education and financial inclusion data. During the event, members endorsed the Sochi Accord on FinTech for Financial Inclusion.[13]. It co-hosts AFIs Africa Regional Office in Abidjan. Superintendencia de Bancos de la Repblica Dominicana joined AFI in July 2021. City of Los Angeles. The NZIA was launched in 2021 by eight insurance and reinsurance companies - including . Explore AFI also operates the AFI Data Portal (ADP), a unique and integrated global database on financial inclusion policies, regulations and outcomes. At the 2011 GPF in Mexicos Riviera Maya, AFI members collectively adopted the Maya Declaration, a global initiative for responsible and sustainable financial inclusion that aims to reduce poverty and ensure financial stability for the benefit of all. They also all work on gender inclusive finance as a cross thematic area and have gender focal points. AFI is the worlds leading organization on financial inclusion policy & It also actively involved in seven AFI Working Groups. This has led to the formulation and implementation of effective policies by members institutions within their home jurisdictions.[4]. The coalition is comprised of three committees/working groups: Financial Education and Access, Affordable The portal is accessible online and publicly available. non-profits, community organizations, local and state government agencies, universities, and other key It is a statement of common principles regarding the development of financial inclusion policy. The central bank, which hosts AFIs headquarters in Kuala Lumpur, has made 24 Maya Declaration targets, including to conduct a financial capability and inclusion demand-side survey every three years. Despite being among the networks newest members, the central bank has already announced six Maya Declaration targets, including the introduction of the digital version of the Bahamian currency by 2020. Among its completed targets is the development and finalization of a financial consumer protection strategy and a national financial inclusion strategy. The Kansas City Alliance for Economic Inclusion (KC AEI) is an FDIC initiative designed to serve the Contact: June 1, 2023. regulation. Fact Sheets. AFI's Policy Models provide policy guidance based on evidence of widespread implementation and financial inclusion impact. Members . Central Bank of Kenya is one of AFIs founding members, having joined the network in April 2009. The AEI model encourages Institution Letters, Policy Its governor, Dr. Lounceny Nabe serves on AFIs board of directors. Comisin Nacional de Bancos y Seguros de Honduras is an associate member that joined the network in April 2013. Sign up for a user account now to learn more about the Financial Inclusion journeys of AFI members! [12], In 2018, AFI set up its Africa Regional Office in Abidjan, Cte d'Ivoire, co-hosted by the countrys Ministres de l'conomie et des Finances and Banque Centrale des tats de l'Afrique de l'Ouest (BCEAO). Profile, FDIC Academic sustainable and livable communities, and access to safe and affordable capital and credit products and credit, and expanding financial education programs. Learn about the Bank of Ghana's findings that prompted them to establish a Fintech and Innovation Office (FIO). strategies to improve inclusion. AFI is a global policy leadership alliance owned and led by member central banks and financial regulatory institutions with the common objective of advancing financial inclusion at. This question is for testing whether or not you are a human visitor and to prevent automated spam submissions. It is actively involved in four working groups that address trends in finance for small and medium enterprises, consumer empowerment and market conduct, financial inclusion data and digital financial services. Members can get involved with the AEI by attending the periodic meetings Launched at the 2018 AFI GPF in Sochi, Russia, ECAPI aims to resolve regional challenges and elevate the voice of Eastern European and Central Asian nations on key financial inclusion policy issues. The Southeast Michigan Alliance for Economic Inclusion (SEM AEI) serves Wayne, Washtenaw, Oakland, and It remains committed to advancing financial inclusion in areas such as consumer protection, digital financial services, financial literacy and financial education. Comisin Nacional Bancaria y de Valores (CNBV) is a principal member since April 2009. disabilities. 02 Jun, 2023, 07:00 ET. AFI members are responsible for choosing the policies to focus on. The FDIC provides a wealth of resources for consumers, Key AfPI initiatives include leaders roundtables, private-public dialogues, capacity building workshops, developed-developing country dialogues and meetings of its experts group on financial inclusion policy. The Austin AEI seeks to improve the financial capability of communities and consumers, especially those Banque de la Rpublique du Burundi is a principal member that joined AFI in May 2009. help people achieve financial stability and build wealth. 87% 57%. It is a member of six working groups. opportunities. Banque Centrale du Congo joined AFI in October 2010 as a principal member. [14] Minister Pierre Gramegna signed the multilateral letter of undertaking, together with AFI Executive Director Dr. Hannig. erilouden@fdic.gov. Member institutions have significant interest in developing policies that mitigate the challenges posed by the following policy areas: Regional initiatives bring AFI closer to its members and strengthen regional cooperation in financial inclusion. The Los Angeles Saves campaign, an affiliate of the national America Saves campaign. Reserve Bank of Zimbabwe has made 20 Maya Declaration targets, including to have at least 60 percent of adults with bank accounts by 2020. emphasis on creating financial resiliency for low- and moderate-income families in Kansas (including the providing a connection to the mainstream financial system that supports economic opportunity, particularly Superintendencia de la Economa Popular y Solidaria de Ecuador has been a principal member since January 2019. Community Affairs Specialist In 2018, the central bank published a case study on its journey with financial inclusion and climate change. The event saw the AFI membership to adopt the Maya Declaration, marking the first time that regulators have committed to a common set of principles and goals for financial inclusion policy. Through the Gates Foundation, Dr. Alfred Hannig and the Deutsche Gesellschaft fr Internationale Zusammenarbeit (GIZ) team successfully received grants to kick-off the first phase of AFI in Bangkok, Thailand and subsequently launched it in Kenya in 2009. Endeavors to showcase how the digitalization of the Jordanian governments payments can lead to sustainable financial inclusion in the country. Among its focus areas are consumer empowerment and market conduct as well as financial inclusion strategies. One of its completed targets was to have in place effective data integrity for measuring and monitoring the progress of financial inclusion, in line with AFIs core set of indicators. Community Affairs Specialist collection of financial education materials, data tools, It also established its headquarters in Kuala Lumpur, Malaysia, which are hosted by Bank Negara Malaysia. Bank of Thailand joined AFI as a principal member in June 2009. San Francisco Region The .gov means its official. South African Reserve Bank joined AFI in April 2016 and is an associate member. (972) 761-8322 Have questions about the AFI Data Portal? Linda Gabriel Contact: Find out more on Fiji's COVID-19 Policy Response, digital financial services, and women's financial inclusion. Its Maya Declaration targets mainly focus on consumer protection and market conduct, financial inclusion data and digital financial services. Welcome to the AFI Data Portal! Centrale Bank van Suriname joined AFI in May 2015 and is a principal member. Yazoo. It is a member of AFIs Audit Committee as well as six working groups. Superintendencia de Banca, Seguros y AFP del Per is one of AFIs longest-serving members, having joined the network in April 2009. Central Bank of Eswatini is an associate member, having joined the network in December 2013. The working groups produce policy guidelines and tools for formulating financial inclusion policies, provide peer reviews, and contribute to the engagement of global standard-setting bodies (SSBs). Sacco Societies Regulatory Authority, known as SASRA, is an associate member that joined the network in March 2013. Ministre des Finances de la Rpublique Tunisienne has been a principal member of the AFI network since 2013. Central Bank of Jordan has been a principal member of the AFI network since April 2016 and a member of seven AFI working groups. committee. We were just starting to see the potential of digital financial services for increasing financial inclusion for the unbanked.". Central Bank of Solomon Islands is a principal member that joined AFI in September 2009. The AEI works to improve access to the Mississippi Why green credit risk guarantee schemes are important for MSMEs, Advancing inclusive green finance for women in Ecuador, AFI publishes financial inclusion regulatory and policy guidance based on peer learning, Its governor, Timoko Meyliet Kon, previously served on AFIs board of directors. Temorgan@fdic.gov. During the past few years, the AEI supported the Bank Reset instructions will be sent to your email address. The AEI works to enhance the economic well-being of the unbanked and underbanked in metropolitan The ministry has set six Maya Declaration targets, including to implement a national project aimed at empowering young people through the implementation of the national financial education program and specific actions aimed at improving their access to financial services. Its governor, Maiava Atalina Ainuu-Enari, has served on AFIs Board of Directors and was among the recipients of the Advocacy Champion Award at the 2018 AFI Global Policy Forum. He continues to take an active role in championing the AFI Network concept and promoting the essential role of financial inclusion policy for the health of both the unbanked and the global economic system. (MSA). In 2015, AFI members endorsed the Maputo Accord, which commits members to support access to finance for small and medium enterprises. The LA AEIs work happens through the efforts of three Working Groups: The LA AEI Working Groups initiatives include: The AEI holds tri-annual convenings. documentation of laws and regulations, information on Insurance Development and Regulatory Authority Bangladesh joined AFI as associate member in July 2018. Within the AFI network, members contributions has led to the implementation of 34 policy changes and 74 Maya Declaration commitments in the Arab Region. Alliance for Financial Inclusion AFI's unique peer-to-peer learning model encourages and enables financial policymakers to interact and exchange knowledge. It has made 20 Maya Declaration targets, including quantitative goals to increase the take-up rates of formal financial service and the reach of mobile financial services among its rural population. Peoples Bank of China became a principal member at AFI in September 2011. Members invest in professional development and products serving Over the years, the AFI network with financial and in-kind contributions from its members, funding from donors and support from partners has invested deeply in this platform and is delivering tangible results. Lgabriel@fdic.gov. It joined the network in April 2013 and has made eight Maya Declaration targets, including to develop and implement a national financial inclusion strategy and expediate the development of a nationwide survey to progress financial inclusion. National Bank of Tajikistan, a principal member since December 2011, has made 11 Maya Declaration targets, including the establishment of a financial inclusion unit and the formulation and implementation of a national financial inclusion strategy. organizations, faith-based organizations, local and state governments, community stakeholders and federal The Alliance for Financial Inclusion (AFI)[1] is a policy leadership alliance owned and led by member central banks and financial regulatory institutions with the common objective of advancing financial inclusion at the country, regional and international levels. economic conditions and recovery needs, the FDIC is collaborating with stakeholders across the state to The Alliance works together to promote the National Reserve Bank of Tonga joined AFI in 2009 and is a principal member with three Maya Declaration targets, including to develop and improve access to finance by 20 percent among small business in agriculture, fisheries and tourism sectors, as well as for women and youth. Kansas City Region encourages a continuing commitment by leaders in all sectors to take positive action in response to these Vgalloway@fdic.gov, FDIC-Insured Institutions Reported Net Income of $79.8 Billion in First Quarter 2023, Remarks by Chairman Gruenberg at CFEs 2023 Bank On National Conference, FDIC Chairman Gruenberg Offers Testimony on State of U.S. Banking System, FDIC Board of Directors Issues a Proposed Rule on Special Assessment Pursuant to Systemic Risk Determination, FDIC National Survey of Unbanked and Underbanked Households, Quarterly Banking consumer and community organizations, and government entities. As of October 2021, AFI member institutions have made a total of 885 Maya Declarations targets. The KC The central bank was among the recipients of the Advocacy Champion Award at the 2018 AFI Global Policy Forum. Members have made 66 Maya Declaration commitments. Dr. Alfred Hannig (AFI): Financial inclusion is a complementary - not a competing - objective to monetary and financial stability. The project is supported by the Internationa AFI members and private sector partners pave the way for future IGF collaboration on the sidelines of the 2023 World Bank-IMF Spring Meetings. Bank of Namibia joined AFI in June 2009 and is a principal member. The Alliance for Economic Inclusion (AEIs) are coalitions of local financial serve on committee. Putting members in the driving seat of agenda setting for financial inclusion policy, AFIs unique cooperation model is based on the following principles: In 2006, there was an emerging recognition that policies mattered when it came to financial inclusion. The worlds leading organization on financial inclusion policy and regulation. It is also a member of seven working groups and has made 15 Maya Declaration targets, including to increase gender-based financial inclusion in Papua New Guinea by enabling access to women through the implementation of its Gender Equity and Social Inclusion Policy. It is actively engaged in all seven AFI working groups. Before stability and public confidence in the nations financial mainstream by delivering quality financial education programs, financial products, and financial services. Central Bank of Lesotho, a principal member, joined AFI in September 2012. Challenge, Quarterly Banking Profile for First Quarter 2023, Quarterly Banking Profile for Fourth Quarter 2022, Quarterly Banking Profile for Third Quarter 2022, Financial This report presents the highlights and key outcomes of the 2022 AFI GPF, the worlds most important annual event on financial inclusion. Browse our extensive research tools and reports. Discusses issues related to digital financial services and promotes digital finance as a major catalyst in achieving financial inclusion in emerging and developing economies. (857) 328-2915 Chicago Region That same year, AFI also celebrated its 10th anniversary at its GPF in Sochi, Russia. (601) 992-5207 x 6630 Our members are being recognized for their leadership role in driving the industry and society as a whole forward, all while growing their businesses in a sustainable way. The central bank, a principal member that is active in six working groups, received an AFI policy grant to revise its national financial inclusion strategy. AFI connects, encourages and enables policymakers to build capacity and develop policy initiatives in areas of financial technology (fintech), consumer protection, microfinance, SME finance, gender inclusive finance, inclusive green finance and other general financial inclusion initiatives in Africa, Asia, Caribbean, Eastern Europe and Caucasus, Latin America, Middle East and Pacific Islands. It has joined four AFI working groups. geographic area of the Mississippi Gulf Coast AEI encompasses the Gulfport-Biloxi Pascagoula, Hattiesburg, Diversity, Equity, Accessibility, and Inclusion; Museums and P-12 Education; Financial Sustainability; Find a Museum; Toolkits & Guides; Center for the Future of Museums; Facing Change: Advancing Board Diversity; Information Center. (318) 218-6798 The initiative invites AFI member institutions to share in a common vision while working toward ensuring that financial services are widely accessed throughout the region. For his contributions in raising regional and global awareness of de-risking, Governor Loi Bakani was among the recipients of the Advocacy Champion Award at the 2018 AFI Global Policy Forum. It has made six Maya Declaration commitments, including to further enhance its knowledge, understanding and skills to deepen financial inclusion within its national borders, and to share its experiences with other countries. Banco de Moambique is a principal member that joined AFI in October 2011. underbanked populations into the financial mainstream. In This Article. 2023 Alliance for Financial Inclusion. The level of attribution accorded to AFI for policy and regulatory reforms by members is 60 percent. history, career opportunities, and more. Central Bank of Sudan joined the AFI network in September 2009. It actively participates in four AFI working groups. It has made six Maya Declaration targets, including to formulate an action plan on financial technology innovations for youth and women and the collection of sex-disaggregated data. financial education needs of non-English speakers, returning citizens, young adults and people with AFI was founded on the idea that a global knowledge exchange platform was key to expanding and improving financial inclusion policies. As of 2021, FIARI comprises 22 AMF member institutions, including eight AFI members. Europe & Central Asia Policy Initiative, Financial important initiatives, and more. The AFI Data Portal has recently undergone an update with improved interface and refreshed layout. mduron@fdic.gov. In 2019, it co-hosted the networks flagship event, the AFI Global Policy Forum, which saw members adopt the Kigali Statement on accelerating financial inclusion for disadvantaged groups.
Bdo Atm Withdrawal Fee Other Bank, Windows Authentication Not Passing Credentials, What Does Usher Say Is His Biggest Fear?, Moto G Pure Bootloader Unlock, Business Case On A Page Template, Audi A4 40 Tfsi Mild-hybrid, Center Grove School Closing, At&t Bring Your Own Phone, Which Of The Following Is Not A Percussion Instrument, West High School Torrance Graduation 2022,