Yves Mersch: Interview in Hospodarske noviny Interview with Mr Yves Mersch, Member of the Executive Board of the European Central Bank, in Hospodarske noviny, conducted by Ms Kristina Votrubova on 11 January 2019.
While financial inclusion has been framed as an advocacy, we cannot deny its linkage to financial stability. It has been shown that broader access to bank deposits can have positive impact on financial stability by building resilience of deposit funding base. Thus, in a way, financial inclusion is not necessarily beyond the BSP’s core mandate.