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The Maya Declaration
The Maya Declaration is a global initiative for responsible and sustainable financial inclusion issued by the Alliance for Financial Inclusion that aims to reduce poverty and ensure financial stability for the benefit of all. It is the first global and measurable set of financial inclusion commitments by developing and emerging economies. The Maya Declaration is broad in nature, focusing on creating the right environment; implementing the correct framework; ensuring consumer protection measures are taken and using data to inform and track financial inclusion efforts. The declaration was made through AFI's network of financial institutions and, although no vote was taken, its common principles have been implicitly adopted by all the network's members. History Since its launch at the 2011 Global Policy Forum (GPF) in Mexico, members of the Alliance for Financial Inclusion (AFI) have made concrete financial inclusion targets, continued to implement in-country policy improvements and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Maya Declaration Logo With Text
Maya may refer to: Ethnic groups * Maya peoples, of southern Mexico and northern Central America ** Maya civilization, the historical civilization of the Maya peoples ** Mayan languages, the languages of the Maya peoples * Maya (East Africa), a population native to the old Wej province in Ethiopia * Sibuyanon, a Visayan population sometimes "May-" native to Sibuyan Island in the Philippines Religion and mythology * Maya (religion), in Indian religions, relates to the illusion of reality *Maya (mother of the Buddha) (died 563 BC), mother of the historical Buddha *Mayasura or Maya, a Hindu demon * Maya religion, the religious practices of the Maya peoples of parts of Mexico and Central America ** Maya mythology, the myths and legends of the Maya civilization People * Maya (given name), a feminine name (including a list of people and fictional characters with the name) Places * Maya (Aldan), a river in Yakutia and the north of Khabarovsk Krai, Russia * Maya (Uda), a river in Amu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Inclusion
Financial inclusion is the availability and equality of opportunities to access financial services. It refers to processes by which individuals and businesses can access appropriate, affordable, and timely financial products and services—which include banking, loan, equity, and insurance products. It provides paths to enhance inclusiveness in economic growth by enabling the unbanked population to access the means for savings, investment, and insurance towards improving household income and reducing income inequality. Financial-inclusion efforts typically target those who are unbanked or underbanked, and then direct sustainable financial services to them. Providing financial inclusion entails going beyond merely opening a bank account. Banked individuals can be excluded from other financial services. Having more-inclusive financial systems has been linked to stronger and more sustainable economic growth and development, thus achieving financial inclusion has become a priorit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alliance For Financial Inclusion
The Alliance for Financial Inclusion (AFI) is a policy leadership alliance owned and led by member central banks and financial regulatory in developing countries with the objective of advancing financial inclusion. As of February 2025, AFI had 90 members from 83 countries developing and emerging economies, representing central banks, financial regulatory institutions, and financial inclusion policymakers. AFI partners with regulators in advanced economies, international organizations and private sector leaders to drive practical solutions and facilitate the implementation of impactful policy changes through its cooperative model that embeds peer learning, knowledge exchange and peer transformation. AFI was founded on the idea that a global knowledge exchange platform was key to expanding and improving financial inclusion policies. AFI connects, encourages and enables policymakers to build capacity and develop policy initiatives in areas of financial technology (fintech), consumer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
AFI Global Policy Forum
The Global Policy Forum (GPF) is organized by the Alliance for Financial Inclusion, or AFI, as the keystone event for its membership and financial inclusion policymakers worldwide. Each year, it is co-hosted by a different member institution in a different region of the world. As of November 2023, AFI had 86 member institutions from over 80 countries, making the AFI GPF the most important and comprehensive forum for regulatory institutions with an interest in promoting financial inclusion policy. The AFI GPF is focused on developing and improving national financial inclusion strategies and policies and is used as a platform for senior financial regulators to exchange ideas as well as engage in peer-to-peer learning activities. Background The AFI GPF has been recognized by leading international network of financial inclusion organizations and individuals as an important part of the global dialogue on financial inclusion. Participation at the AFI GPF has become part of the standard dia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Comisión Nacional Bancaria Y De Valores
In Mexico, the Comisión Nacional Bancaria y de Valores (CNBV) () is an independent agency of the Secretariat of Finance and Public Credit (Mexico) (SHCP) body with technical autonomy and executive powers over the Mexican financial system. Its main role is to supervise and regulate the entities that make up the Mexican financial system, in order to ensure its stability and proper operation, and to maintain and promote the healthy and balanced development of the financial system as a whole, in protecting the interests of the public. The Chairman since December 2012 is economist Jaime Gonzalez Aguadé . History and Evolution The need for a regulatory agency of the Mexican financial institutions came together with the creation of the Mexican financial system in the late nineteenth century. Speaking specifically of Mexican financial institutions, the first response to this need was reflected in the Ley General de Instituciones de Crédito, which gave the SHCP responsibility for ove ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reserve Bank Of Fiji
The Reserve Bank of Fiji (RBF; , ) is the central bank of the Pacific island country of Fiji. Its responsibilities include the issue of currency, control of the money supply, currency exchange, monetary stability, promotion of sound finances, and fostering economic development. The Bank is the only institution that is permitted to issue Fijian dollars (FJD) and put them into circulation. It is also responsible for setting the overnight policy rate, the main policy or bank rate for Fiji. Background In 1914, the colonial government established the Board of Commissioners of Currency of Fiji with the sole right to issue Fijian pound notes and coins in the then Colony of Fiji. Following independence from Britain in 1970, the Central Monetary Authority (CMA) was created in 1973 and took over the issuing of currency and further expanded responsibilities. The CMA was tasked with regulating the issue, supply, availability and international exchange of the Fijian dollar (FJD); ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Tanzania
The Bank of Tanzania () is the central bank of the Tanzania, United Republic of Tanzania. It is responsible for issuing the national currency, the Tanzanian shilling. The bank was established under the Bank of Tanzania Act 1965. However, in 1995, the government decided that the central bank had too many responsibilities, thus hindering its other objectives. As a result, the government introduced the Bank of Tanzania Act 1995, which gave the bank the single objective of monetary policy. It is governed by a board of directors consisting of ten people, four of whom are Ex officio member, ''ex officio'' members which have three advisory committees that can assist them. The bank is headed by its Governor, assisted by three deputy governors in Administration, Economic and financial policies and Financial stability. History The Bank of Tanzania was chartered by the first parliament of Tanzania through the Bank of Tanzania Act of 1965 following the dissolution of the East African C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of The Republic Of Burundi
The Bank of the Republic of Burundi (, ; BRB) is the central bank of Burundi. The bank was established in 1966 and its offices are in Bujumbura. The Bank is active in promoting financial inclusion policy and is a member of thAlliance for Financial Inclusion It is also one of the original 17 regulatory institutions to make specific national commitments to financial inclusion under the Maya Declaration during the 2011 Global Policy Forum held in Mexico. The Current governor is Édouard Normand Bigendako. History The central bank evolved step by step: * Royal Decree of 27 July 1887 establishes the franc as the money of account for the Congo Free State, and Burundi is included as well. * Heligoland Agreement of 1890 puts Rwanda and Burundi within the German sphere of influence in Africa; German East African rupie is the official currency; circulation of the French franc continues nonetheless. * As a result of Belgium's actions, the Belgian Congo becomes a member of the Latin M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bank Of The Republic Of Guinea
The Central Bank of the Republic of Guinea (, BCRG; ) is the central bank of Guinea. The headquarters of the bank is located in the capital city of Conakry. The current governor is Dr Karamo Kaba. History The bank was established on 1 March 1960.Thomas O'Toole, ''Historical Dictionary of Guinea'', Scarecrow Press, 1978, p. 8-9 Ousmane Baldé was president of the bank in the 1960s before his execution in 1971. In 1972 Ahmed Sékou Touré, President Touré took over governorship of the Bank, formally attaching it to the Presidency. Governors Activities The Bank is active in promoting financial inclusion policy and is a leading member of thAlliance for Financial Inclusion It is also one of the original 17 regulatory institutions to make specific national commitments to financial inclusion under the The Maya Declaration, Maya Declaration during the 2011 AFI Global Policy Forum, Global Policy Forum held in Mexico. See also * Economy of Guinea * Guinean franc * List of centra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Uganda
The Bank of Uganda () is the central bank of Uganda. Established in 1966, by Act of Parliament, the bank is wholly owned by the government but is not a government department. History In 1979 and again in 1987, the Bank of Uganda managed to maintain an exchange rate of USh to US$1. Starting in 1987, the IMF backed the development of the Bank of Uganda, and completed its first stage of recapitalizing the central bank in 1997. At the AFI Global Policy Forum held in Riviera Maya in Mexico in 2011, the Bank of Uganda was one of the original 17 regulatory institutions to make specific national commitments to financial inclusion under The Maya Declaration. In June 2019, seven directors of the bank were fired after accusations of printing their own money bills. Organization The board of directors of the Bank of Uganda is the bank's supreme policy making body. It is chaired by the governor or, in his or her absence, by the deputy governor. The duties and powers of the boa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bank Of Kenya
The Central Bank of Kenya (CBK) () is the monetary authority of Kenya. Its head office is located in Nairobi. CBK was founded by in 1966 after the dissolution of East African Currency Board (EACB). Dr. Kamau Thugge, CBS is the current Governor and Dr. Susan Koech is the Deputy Governor. Organizational structure Management The bank’s executive management team comprises the governor, deputy governors and heads of departments. The governor assumes the role of Chief Executive Officer of the bank and is therefore responsible for its overall management. The governor is also the bank’s official spokesperson. Governor The current governor of the bank is Dr. Kamau Thugge. Former governors of the bank are: * Kamau Thugge (June 2023 to Date) * Patrick Njoroge (June 2015 – June 2023) * Njuguna Ndung'u (March 2007 – March 2015) * Andrew Mullei (March 2003 – March 2007) * Nahashon Nyagah (April 2001 – March 2003) * Micah Cheserem (July 1993 – April 2001) * Eric Cheruiyot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bank Of Nigeria
The Central Bank of Nigeria (CBN) is the central bank and apex monetary authority of Nigeria established by the CBN Act of 1958 and commenced operations on 1 July 1959. The major regulatory objectives of the bank as stated in the CBN Act are to: maintain the external reserves of the country; promote monetary stability and a sound financial environment, and act as a banker of last resort and financial adviser to the federal government. The central bank's role as lender of last resort and adviser to the federal government has sometimes pushed it into murky political controversies. After the end of colonial rule, the desire of the government to become proactive in the development of the economy became visible, especially after the end of the Nigerian civil war, the bank followed the government's desire and took a determined effort to supplement any show shortfalls, credit allocations to the real sector. The bank became involved in lending directly to consumers, contravening its ori ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
