In addition, the Basel III Liquidity Coverage Ratio (LCR) assigns a 100 percent drawdown rate to undrawn amounts of credit and liquidity facilities extended by banks to a special purpose entity (SPE), effectively requiring a bank to hold $ in highquality liquid assets (HQLA) for every $ it commits to a SPE. Implicit support presents more of a regulatory challenge.
Ladies and gentlemen, It should be noted that financial inclusion is not only about an increase in the number of consumers of financial services, or their sales, so to say. It is about social responsibility – transparency and clarity of products to their consumers. Protection of consumers is important because it is the prerequisite for the safe use of loans.