The Monetary Authority of Singapore (MAS) and the United Nations Capital Development Fund (UNCDF) have formed a strategic partnership under the ongoing UNCDF’s SHIFT (Shaping Inclusive Finance Transformations) programme to facilitate the development and access to digital financial services in the ASEAN region.
The grant agreement between the UN Capital Development Fund (UNCDF) and Digital Money Myanmar (Wave Money) was signed on the 9th of January 2017, in the presence of representatives from the United Nations Development Programme (UNDP) and the Australian Department of Foreign Affairs and Trade (DFAT).
The grant agreement between the UN Capital Development Fund (UNCDF) and Lien Viet Post Joint Stock Commercial Bank (LienVietPostBank) was publicly signed on 16 September 2016, in the presence of the State Bank of Vietnam,
This blog series seeks to generate a broader discussion on the data that is needed to close the gender gap in financial inclusion in ASEAN. Our previous blog post argued that the headline data available on financial inclusion in the ASEAN region – the percentage of women with access to a formal account – is by itself insufficient to understand if, and how, women derive value from formal financial services.
This blog series stimulates a broader discussion on gendered financial inclusion in ASEAN. We examine why women’s access to financial services does not necessarily equate gendered usage. We further explore whether the value that women derive from financial services is impacted by the provider they access them from.
The Consultative Group to Assist the Poor (CGAP) and the UN Capital Development Fund (UNCDF) held a workshop entitled “Facilitating Inclusive Financial Markets” in the Dusit Thani Hotel in Bangkok, Thailand on December 2, 2015.
What is the challenge put forward by the CleanStart window?
The SHIFT Challenge Fund - CleanStart Energy Access Window challenges banks, non-bank financial institutions, microfinance Institutions, private sector companies, cooperative societies to introduce innovative financial products, approaches and services which facilitate expansion of consumer and/or enterprise financing, benefitting low-income consumers, especially women and marginalized groups, who want to transition to cleaner and more efficient energy.
UNCDF's SHIFT programme aims to improve the level of financial inclusion in the ASEAN region. SHIFT will facilitate the transition of low-income individuals and enterprises, targeting women in these market segments, from using informal to formal financial services. This transition enables an increase in productive investments, consumption stability and asset ownership, with the goal of reducing poverty and vulnerability to achieve inclusive economic growth.