A major contributor to this article appears to have a close connection with its subject. (June 2020) |
Abbreviation | AFI |
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Formation | January 1, 2008 |
Founders | Bangko Sentral ng Pilipinas, Bank Indonesia, Bank Indonesia, Bank of Thailand, Central Bank of Kenya, Comisión Nacional Bancaria y de Valores |
Type | An independent international organization constituted under the International Organizations (Privileges and Immunities) Act 1992 of the Laws of Malaysia since January 2016.
Policy leadership alliance Peer-learning network Capacity building |
Purpose | Financial inclusion, Poverty reduction, Inclusive Green Finance, gender inclusive finance. |
Headquarters | Kuala Lumpur, Malaysia |
Location |
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Region served | Worldwide |
Official language | English |
Executive Director | Dr. Alfred Hannig |
Staff | 50-100 |
Website | www |
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.[1]
As of November 2023, AFI had 86 members from 82 countries developing and emerging economies, representing central banks, financial regulatory institutions, and financial inclusion policymakers.[2] 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 protection, microfinance, SME finance, gender inclusive finance, inclusive green finance and other general financial inclusion initiatives in Africa, Asia, Caribbean, Eastern Europe and Caucasus, Latin America, Middle East and Pacific Islands. Each year, AFI holds its flagship event, Global Policy Forum (GPF), the world's largest financial inclusion gathering of policymakers.
AFI is headquartered in Kuala Lumpur, Malaysia, with regional offices in Africa and Latin America, and a representation office in Europe.[3]