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 2nd FSD Kenya annual lecture on financial inclusion

The search for inclusion in Kenya’s financial landscape: Annex 1 – Supply-side survey

Equity Bank and the Hunger Safety Net Programme (HSNP) in Kenya

SME banking models

Credit on the cusp: Strengthening credit markets for upward mobility in Africa

Financial Access in Kenya: Results of the 2006 national survey