CSFI ‘Banana Skins’ survey of the risks in financial inclusion” report launched
Following on the previous Banana Skin reports, this year the CSFI report takes a broader look at financial inclusion and describes the risks in the provision of financial services to people in emerging markets whose access to these services is either limited or non-existent. The findings are based on survey responses from 179 practitioners, investors, regulators and observers in 60 countries in March and April 2016.
Chief among these risks is the ability to design and implement a strategy, without which the chances of success - let alone survival - are rated small. Closely linked are the functions of managing risk and change, of mastering the risks in new technology, and of designing the right products for clients. Much of this comes down to the quality of management and governance, where weakness and resistance to fresh thinking are still seen to be present.
To view and dowload the report click here