Monday
June 3
2019

Report: Equity Bank Commended for Financial Inclusion of Refugees

Equity Bank has been featured in a recent report by International Finance Corporation (IFC) and Bridgespan titled “Private Sector and Refugees: Pathways to Scale.”

The report, which was launched in Amman, Jordan, is the first-of-its-kind study on private sector initiatives with refugees and host communities in Africa & the Middle East.

The report features more than 170 private sector initiatives focused on refugees and host communities, including a case study on Equity Bank’s initiatives on extending financial inclusion to refugees.

According to the report, over 68 million people have been forcibly displaced worldwide and become refugees. Of these, 85% are in low & middle-income countries, with the majority hosted in 10 countries across Africa and the Middle East.

Photo courtesy of Internews Europe.

Source: Capital FM Kenya (link opens in a new window)

Categories
Finance
Tags
emerging markets, financial inclusion, LMICs, refugees, World Bank