News

How Regulators and Financial Institutions Can Bring Digital Financial Services to Women

  • 23 December 2016

  • Lilongwe, Malawi

The Reserve Bank of Malawi, Women’s World Banking and NBS Bank are hosting a FREE webinar on Tuesday, January 17, 2017 at 9 AM EST, 4 PM CAT

The Reserve Bank of Malawi, Women’s World Banking and NBS Bank are hosting a FREE webinar on Tuesday, January 17, 2017 at 9 AM EST, 4 PM CAT. The webinar will examine promising approaches and lessons learned as regulators and financial institutions work together to create accessible and profitable financial access for women.

In determining what needs to be done to close the gender gap in financial inclusion, there is a compelling argument for taking a closer look at what policymakers and central bankers are doing to create an enabling policy environment, particularly for supporting women’s access to digital financial services. For instance, with support from UNCDF MicroLead, NBS Bank (Malawi) worked with Women’s World Banking to develop the Pafupi savings account, designed for unbanked, low-income rural women. Women can open accounts and make small deposits and withdrawals whenever they want at local shops with NBS Bank agents who transact with the bank via a mobile phone. Malawi’s enabling regulatory environment allowed for the introduction of Pafupi Savings, and NBS Bank continues to actively engage the regulator to improve and expand the product for low-income women.

Register now for this free webinar: https://wp.me/p7zjyz-3ib

When:

Tuesday, January 17, 2017
9 AM EST, 4 PM CAT
GotoWebinar

Participants:

Mercus Chigoga, Head of Personal and Business Banking, NBS Bank, Malawi

Yananga Alick Phiri, Principal Examiner, Policy & Regulation, Reserve Bank of Malawi

Moderator:

Jennifer McDonald, Director, Product Development, Women’s World Banking