Financial inclusion is, nowadays, a priority policy issue given its key role in the development of the financial system and, more general, in social and economic progress, being a component of financial stability. Over the last few years, microfinance has played an increasing role as a tool to provide access to financial services to low-income people. More recently other financial inclusion initiatives have been developed, among which the development of new marketing channels for financial products such as non-bank correspondents, mobile banking and electronic money stands out.

Fit & Proper offers advice aimed at professionalizing and thus increasing the management capabilities of institutions dedicated to products, services, and marketing channels that contribute to financial inclusion, and provides consulting services to traditional banking institutions that are interested in opening new business areas in this field. Furthermore, it advises regulatory and supervisory agencies in the development of regulatory frameworks, legislation and supervision appropriate to these products.

Our fields of expertise include:

Business plans

Financial Consumer Protection

Risk management and scoring

Funding

Coverage and sustainability

Regulation and Supervision

Microfinance

Institutional Strengthening