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SBP launches consultation process to enhance financial inclusion of women

SBP launches consultation process to enhance financial inclusion of women
Business
Tue, Dec 22, 2020
KARACHI: The State Bank of Pakistan has launched a national dialogue on its forthcoming policy to reduce the gender gap in financial inclusion to address one of the key challenges hindering economic growth of the country to its full potential.
SBP’s governor, Dr. Reza Baqir hosted a webinar titled “Launch of Consultation on Banking on Equality policy: Reducing the Gender Gap in Financial Inclusion” on Monday, said an SBP statement.
The webinar featured an exclusive panel discussion around women’s financial inclusion with international thought leaders in the area of gender and finance including Director Aga Khan Development Network, Princess Zahra Aga Khan, Director of Strategy, Policy and Review Department, International Monetary Fund, Ms. Ceyla Pazarbasioglu and SBP Governor Dr. Reza Baqir. President of Gender Equality at Bill and Melinda Gates Foundat ....

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SBP All Set To Launch Consultation on Banking on Equality Policy for Reducing the Gender Gap in Financial Inclusion

SBP All Set To Launch Consultation on Banking on Equality Policy for Reducing the Gender Gap in Financial Inclusion
Women’s access to financial and economic opportunities is essential for sustainable and inclusive economic growth. However, women in Pakistan are disproportionately under-served by the financial system. Only 18% percent of adult women in Pakistan have an active bank account compared with 51% of men.
In order to address the gender disparities, the State Bank of Pakistan (SBP) has adopted a medium-term national target of 20 million active women bank accounts by 2023 under the National Financial Inclusion Strategy. The target will be achieved through the launch of a policy to reduce the gender gap in financial inclusion, titled Banking on Equality, which aims to promote women’s financial inclusion in Pakistan. ....

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SBP is all set to launch consultation on Banking on Equality policy for reducing the gender gap in financial inclusion

SBP is all set to launch consultation on Banking on Equality policy for reducing the gender gap in financial inclusion
Women’s access to financial and economic opportunities is essential for sustainable and inclusive economic growth. However, women in Pakistan are disproportionately under-served by the financial system. Only 18% percent of adult women in Pakistan have an active bank account compared with 51% of men. In order to address the gender disparities, the State Bank of Pakistan (SBP) has adopted a medium-term national target of 20 million active women bank accounts by 2023 under the National Financial Inclusion Strategy. The target will be achieved through the launch of a policy to reduce the gender gap in financial inclusion, titled ....

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SBP to launch policy for reducing gender gap in financial inclusion

SBP to launch policy for reducing gender gap in financial inclusion
By
AFP/Aamir Qureshi
Women’s access to financial and economic opportunities is essential for sustainable and inclusive economic growth. However, women in Pakistan are disproportionately under-served by the financial system.
This was stated by the State Bank of Pakistan, in a press release issued on Saturday.
According to the handout, only 18% percent of adult women in Pakistan have an active bank account compared with 51% men.
SBP said that in order to address the gender disparities, it has adopted a medium-term national target of 20 million active women bank accounts by 2023 under National Financial Inclusion Strategy. ....

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