The National Strategy for Financial Inclusion provides us the platform to reach out to the unbanked and the underbanked by delivering suitable financial products to different market segments through responsible and innovative business models, while providing the citizens with adequate education and protection as clients of the financial system.
To be implemented by the BSP with 12 other government agencies, NSFI serves as the country’s road map for catalyzing inclusive growth through the development of a more inclusive financial system. To give you an idea of the challenges we face in our financial inclusion program, I will share some highlights of our maiden National Baseline Survey on Financial Inclusion.