[ad_1]
Dakar, Nov 28 (APS) – Distance financial services are an effective lever for strengthening financial inclusion, given the low level of banking services noted in Senegal, said Wednesday Mamadou Camara, an official of the Ministry of Economy , Finance and Plan.
"Given the low level of strict banking that stood at 19.64% at the end of December 2017, distance financial services appear today as an effective vehicle for strengthening financial inclusion," said Mr. Camara.
These services "promote access for more economic agents to diversified financial services at lower cost", he said, during an exchange workshop with issuers of electronic money and online payment companies.
This meeting is jointly organized by the Financial Services Quality Observatory (OQSF) and the Central Bank of West African States (BCEAO).
According to the BCEAO national director, Ahmadou al Aminou Lo, it is part of the week of financial inclusion organized for the first time in the WAEMU space, an event that the BCEAO intends to organize annually.
The aim is to "develop strategies" to ensure that "all people excluded from the financial service are included". And the best way to include them, he said, is to "rely on digital financial services, including mobile money […]".
In this regard, the national director of the BCEAO said that "financial inclusion is not for the rich", but rather for people with low incomes and who have difficult access to bank financing.
"Now with e-money, you now have the opportunity to report your monthly turnover, and from there, if you ever want a loan, you know from your e-money account what you're earning. "explained Mr. Lo.
According to him, it is in this dynamics of financial inclusion, that all the actors go throughout this week, "to exchange in order to define a regulatory framework on the openings and on what can be improved".
[ad_2]
Source link
