Malaysia - New Global Center
for Financial Inclusion
 |
Ahead of this year’s
Citi-FT Financial Education Summit, Malaysia has established itself to become a
global center of financial inclusion, a reminder that Asia is a driving force
in promoting financial inclusion. This year, at the annual Global Policy Forum
held in Trinidad and Tobago, Malaysia announced
that Kuala Lumpur would become the new permanent host for the Alliance for Financial Inclusion (AFI). AFI is a
global network of policymakers from 120 financial institutions representing 95
developing and emerging countries, currently based in Bangkok. According to Dr. Alfred Hannig, Executive Director of AFI, Malaysia has become a world leader in advocating for the 2.5 billion unbanked. “Malaysia’s central bank, Bank Negara Malaysia, is not only promoting financial inclusion efforts for its own citizens, it is supporting other countries and sharing lessons learned. Malaysia is leading through action – a true champion for the unbanked.” |
| Submit your email address to stay in the loop: |
