Press Release - Arab Financial Inclusion Day - April 25, 2023
Statement of the Secretariat of the Board of Governors of Arab Central Banks and Monetary Institutions, following the slogan of "The Importance of Social Responsibility for Financial and Banking Institutions in Promoting Financial Inclusion" calls for:
Enhancing awareness of the concept of social responsibility for financial and banking institutions and the requirements of responsible financing, adopting measures that encourage the inclusion of social and environmental responsibility in the policies of financial and banking institutions, developing mechanisms and tools for measuring the social performance of financial and banking institutions, building consumer confidence in the social responsibility of financial and banking institutions, launching programs for social responsibility at Financial and banking institutions and their reflection in periodic reports. Urging financial and banking institutions to develop services and products that enhance social responsibility. Targeting groups that are not financially covered by applying appropriate credit policies...