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Home / Finance / The Central Bank will join the Alliance of Financi...

The Central Bank will join the Alliance of Financial Inclusion

The Board of the Central Bank decided to join to “The Alliance for Financial Inclusion” international organization.
The Alliance for Financial Inclusion (AFI) was established in 2008 to help member countries develop and implement financial accessibility policies by creating a platform for the exchange of experience, training and organizing working groups on topical issues of banking services, consumer protection and small business financing.

Currently, the AFI includes 104 institutions from 91 developing countries (central banks, financial regulators, associations). The AFI headquarters is located in Kuala Lumpur (Malaysia).

Membership in the Alliance for Financial Inclusion will provide the Central Bank with the opportunity to study international experience and attract leading experts to develop national programs to increase the availability of banking services and the level of financial literacy, as well as to protect the rights of consumers of banking services.

For reference: According to the Decree of the President of the Republic of Uzbekistan of January 9, 2018, No.UP-5296 "On Measures for the Basic Improvement of the Activity of the Central Bank of the Republic of Uzbekistan" and the Resolution of the President of the Republic of Uzbekistan of March 23, 2018 "On Additional Measures to Improve the Availability of Banking Services" the main tasks of the Central Bank are to ensure the availability of banking services and the level of financial literacy, as well as to protect the rights of consumers of banking services.

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