By contrast, when it comes to investments, all investments on the bank’s books at the time of the evaluation are given consideration. Banks and community organizations alike make a compelling argument that all types of community development finance, whether in the form of a loan or an investment, have greater impact when they serve as patient, reliable, committed sources of financing.
I acknowledge and fully appreciate, in this respect, that the effort by the International Monetary Fund to lead the integration of Fintech into the global development and policy agenda provides for a useful, knowledgeable and accessible partner to support the domestication of this agenda.