Publications
Published on September 13, 2016

Do central banks have a role in financial inclusion?

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Summary

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.
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