Subsequently, when the functioning of the capital market was restored, bank lending started to decline. Therefore, it became clear again that the existence of multiple financial intermediation channels is important for the availability of firms’ funding and the robustness of the financial system.
In order to achieve this, all stakeholders and associated financial sector players, both in the private and public sectors, have been working towards increasing financial inclusion through offering appropriate and affordable financial products and services. There is more focus on low-income households and Micro-, Small-, and Medium- Sized Enterprises, who are, as a whole, benefitting from these positive and significant endeavours.