Published on September 13, 2016

Do central banks have a role in financial inclusion?


David Ferrand, Director of FSD Kenya, was part of a distinguished panel disucssing the role of central banks in financial inclusion at the CBK@50 symposium in Nairobi. His presentation highlighted the virtuous relationship between financial inclusion and central banks’ primary role of ensuring sound monetary policy. 

Financial inclusion supports monetary policy by promoting: 

  • a diversified deposit base;
  • diversified credit portfolio;
  • greater scale and efficiency;
  • increased economic stability; and
  • the sector’s political legitimacy.
You might also like

The long-run poverty and gender impacts of mobile money

Profitability analysis for SME financial services

Regulation and supervision of bank channels: Policy options for Kenya

A promise fulfilled? Financial market development in Kenya, 2011-2015

Market research for SME finance

A buck short: What Financial Diaries tell us about building financial services that matter to low-income women