Blog

Facilitating market development to advance financial inclusion

CGAP’s focus note, Facilitating Market Development to Advance Financial Inclusion, presents FinMark Trust as a “facilitator” for financial market development in South Africa. A facilitator is an informed, trusted, independent and locally based interlocutor responsible for making sure that the needs of all parties in the financial system are met.   What exactly do we mean by this and how is it translated on the ground?   FinMark Trust entered South Africa in 2002 (with core funding from DFID) when the financial sector, government, Labour Council and community were negotiating the objectives and targets that would form the Financial Sector Charter. The Charter…
 

Blog

Facilitating market development to advance financial inclusion

CGAP’s focus note, Facilitating Market Development to Advance Financial Inclusion, presents FinMark Trust as a “facilitator” for financial market development in South Africa. A facilitator is an informed, trusted, independent and locally based interlocutor responsible for making sure that the needs of all parties in the financial system are met.   What exactly do we mean by this and how is it translated on the ground?   FinMark Trust entered South Africa in 2002 (with core funding from DFID) when the financial sector, government, Labour Council and community were negotiating the objectives and targets that would form the Financial Sector Charter. The Charter…
 

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