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Igniting Innovation in Financial Access - Webcast
October 11, 2013World Bank Headquarters and Online

Challenges remain toward building a more inclusive financial sector that can spur economic growth and reduce poverty levels. A panel led by World Bank Group President Kim, H.M. Queen Máxima of the Netherlands, UN Secretary-General’s Special Advocate for Inclusive Finance for Development, Honorary Patron of the G20 GPFI, government ministers, and banking CEOs discussed how broader financial inclusion can be achieved through the use of multi-stakeholder partnerships and technology to enable business model innovation.

Over 2.5 billion adults do not have access to quality, affordable financial services, using instead informal methods to save, borrow, and secure their assets. Access to finance also remains a considerable obstacle for small and medium size enterprises, as financial systems remain too underdeveloped to serve their needs. Challenges remain toward building a more inclusive financial sector that can spur economic growth and reduce poverty levels. Multi-stakeholder partnerships and technology are the two key factors that can help achieve broader financial inclusion.

In partnership with the World Economic Forum.

 

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    Jim Yong Kim

    President, World Bank Group
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    Her Majesty Queen Máxima of the Netherlands

    UNSG's Special Advocate for Inclusive Finance for Development
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    Ngozi Okonjo-Iweala

    Minister of Finance, Federal Republic of Nigeria
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    James Mwangi

    Chief Executive Officer and Managing Director, Equity Bank, Kenya
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    Peter Sands

    Group Chief Executive, Standard Chartered Bank
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    Frank Sesno

    Director, Professor of Media and Public Affairs, George Washington University
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    Prof Klaus Schwab

    Founder and Executive Chairman, The World Economic Forum
OCT. 11, 2:00 P.M. - 3:30 P.M EDT

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