Financial Inclusion Now
Giving the world's 2.5 billion unbanked and financially underserved people access to the financial system can improve their lives and benefit the global economy. A balanced regulatory framework based on the concept of "proportional regulation" can boost financial inclusion, while safeguarding the financial system’s stability.
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KUALA LUMPUR – Making the financial system accessible to the world’s poorest people can unlock their economic potential, improve their lives, and benefit the wider economy. So it is no surprise that financial inclusion of the poor has become an important component of public policymaking. Central banks and regulators worldwide are taking the lead in making financial inclusion a priority, in addition to their traditional mandates of maintaining monetary and financial stability.