Introduction
Greater access to financial services promotes social stability, stimulates economic growth and employment, and stabilises the financial system. Yet, only a very limited number of people and businesses in the Middle East and North Africa have access to adequate formal financial services. Microfinance is a means to advance financial inclusion. Strategic public and private efforts, progressive policies, laws and regulations, and an efficient financial infrastructure are needed to ensure the sector’s stability and outreach to the unbanked. This programme aims to improve the framework conditions for financial inclusion of the low-income population to promote sustainable and inclusive growth.

1% – Of people have/use mobile account

9% — Of adults have a debit card

18% — Of people aged 25+ have account, compared to 9% of people aged 15-24

7% — Of the poorest 40% have a bank account

9% — Of women are financially included, compared to 19% of men

Impact

Supervisory Authorities in Egypt have been promoting financial inclusion to address barriers to financial access while assuring financial system stability. Digital financial services and regulatory fr...
Since the mid 2000’s the Jordanian microfinance market is growing constantly at a high rate. Yet, the financial sector bears potential for responsible financial Inclusion to empower the youth, women...
There is great potential for more adequate financial services for people and businesses in the Arab region to save, invest, make payments, or to protect themselves against risks. The people of the reg...
While several institutional preconditions for financial access are set, awareness about and use of financial services remains at low level. The microfinance sector is growing steadily but many MSMEs r...