tailieunhanh - First lessons learned by banks participating in the WSBI doubling savings accounts programme to improve financial access for the poor

The Action Plan builds on the lessons learned from the Bank’s recent experience with gender mainstreaming. A comprehensive evaluation of the World Bank’s work on gender issues during the 90s showed that the Bank’s success in mainstreaming gender issues in health and education was the result of developing a solid empirical rationale and assigning Bank staff with relevant gender expertise to these sectors. The evaluation also showed, however, that the Bank’s incomplete implementation of its gender policy was partly due to the weakness in measuring the sex-disaggregated impact of Bank assistance. 12 In response, this Plan proposes to develop. | The global voice of savings and retail banking First lessons learned by banks participating in the WSBI doubling savings accounts programme to improve financial access for the poor Based on the WSBI Comparative review of the obstacles faced by savings banks trying to improve access for the poor by Programme Technical Advisor Stephen Peachey this paper is the introduction to a series on lessons learned in the Doubling Savings Accounts Programme. First lessons learned by banks participating in the WSBI doubling savings accounts programme to improve financial access for the poor Abstract After a year of starting up projects under WSBI s Doubling Savings Accounts Programme funded by the Bill Melinda Gates Foundation the ten participating banks and WSBI have confirmed that increasing financial access to the poor is easier said than done. Unbanked populations are remote and scattered which makes it extremely difficult for banks to provide easy access to their services. To meet the programme s goal participating banks must consider partners such as mobile money operators and savings groups offer simple and affordable products and services train bank staff to become the pro-poor marketers of first resort despite training s surprisingly high cost and become more assertive in the face of inappropriate regulation. Thus banks must take a much more proactive approach as it is no longer a question of what keeps the poor from accessing banks but rather what keeps banks from providing access for the poor. FIRST LESSONS LEARNED

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