As implementing partner of the G20 Global Partnership for Financial Inclusion (GPFI), AFI has gained stature as the voice of the developing world in the area of financial inclusion. We significantly contributed to the development of the G20 Principles for Innovative Financial Inclusion.
The Bank took these measures based on its recognition that a decline in the functioning of CP and corporate bond markets was causing a tightening of overall corporate financing conditions. These measures are expected to encourage financial institutions to sell CP and corporate bonds they hold and thus expand their lending capacity.