A course on "Financial Inclusion" organized by the Arab Monetary Fund's Training and Capacity Building Institute concludes on Thursday at the Fund's Abu Dhabi headquarters, which began its work yesterday.
The first one.
"Financial inclusion has gained increasing importance following the recent global financial crisis of the year," said a post on the Fund's website, which was followed by "Al-Sabah".
The session addressed the concepts of financial inclusion and policies related to promoting financial inclusion and the experiences of Arab states in this regard.
"Interest from various financial and economic policy makers in many developed and developing countries has begun to focus on the subject of financial inclusion and the ability to access financial services to different segments of society, particularly those disadvantaged and targeted from the financial system, as this theme has an impact on financial and social stability, economic development as well as consumer protection," the publication said.
"International reports indicate that about 31 percent of the world's adult population does not have bank accounts, while in Arab countries the percentage is about 63 percent," he said.
"The refore, the importance of financial services to all segments of society is highlighted easily and easily, in the sense that all members of the community have access to financial services in a fair, transparent and affordable manner.
Some indicators can be used to measure financial inclusion, such as the number of savings accounts opened to financial institutions, the use of ANAT, and the use of credit cards
And so on."
"It is hoped that the spread of financial services and easy access to finance for all segments of society will increase economic growth," and "requires the provision of the right environment for successful endeavors such as systems and skills to enable all segments of society to access services."