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Centre for Excellence in Financial Inclusion

CEFI’s key role is to coordinate, advocate and monitor financial inclusion activities including coordinating stakeholder dialogue towards responsible financial service delivery and service quality, encourage innovation and strengthen financial sector industry development.

▬ Data ▬

Financial Inclusion Quarterly Reports 2023

Measuring progress towards financial inclusion is important for policymakers, financial institutions, and other stakeholders. Quarterly reports can provide valuable insights into the effectiveness of financial inclusion initiatives, the uptake of financial services by underserved populations, and the challenges that still need to be addressed.

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What we do

CEFI’S KEY INITIATIVES

THE NATIONAL FINANCIAL INCLUSION STRATEGY

CEFI works with the government and other stakeholders to develop and implement a national strategy to increase financial inclusion in PNG

FINANCIAL EDUCATION

CEFI develops and implements financial education programs to help people in PNG improve their financial literacy and make informed decisions about money.

AGENT BANKING

CEFI supports the development of agent banking networks, which allow people in remote areas to access basic financial services through local agents.

DIGITAL FINANCIAL SERVICES

CEFI works to increase access to digital financial services, such as mobile money and electronic payments, in order to expand financial inclusion in PNG.

The Inclusive Green Finance Policy (IGFP) Project

The Inclusive Green Finance Policy  (IGFP) Project was initiated in 25 June 2021 with the aim of greater understanding of climate resilience and inclusive green growth in PNG. IGFP marks the first step towards green finance in PNG, thereby facilitating future efforts to monitor, regulate, and promote green finance flows in the country. 

Finance Facility

Access the finance and advice your business needs.
▬ Pre Negotiation ▬

The Centre for Excellence in Financial Inclusion

CEFI’s key role is to coordinate, advocate and monitor financial inclusion activities including coordinating stakeholder dialogue towards responsible financial service delivery and service quality, encourage innovation and strengthen financial sector industry development.

Policies & Strategies

View strategies and Policies

▬ Media Release▬

2024 Young Minds Savings Campaigns begins in Milne Bay Province with six schools – Over 100 savings accounts opened for schools students

The 2024 Young Minds Savings Campaign (YMSC) in Milne Bay province concluded successfully with visits to six schools in Alotau.
 
YMSC is one of the objectives outlined in a MoU signed between the Centre for Excellence in Financial Inclusion (CEFI) and the Milne Bay Provincial Government (MBPG).
 
The campaign is one of the key ticket items to be implemented under the new three (3) year MoU signed between CEFI and MBPG and is expected to end in 2027.
 
“The Young Minds Savings Campaign is really good and educational because it helps young people like myself to learn how to save up for our future,” said thirteen year old grade 7 student Israel Togumagoma of Koeabule primary school.
 
“I think that the Young Mind Savings Campaign is important and helpful because it encourages young people, including students, to save money and learn how to manage it wisely,” said fifteen year old grade 8 student Jenny Paul of Alotau Primary School.
1-09082024-YMSC-Lelehoa PS-Photos (139)
▬ Media ▬

Media Centre

Impact Stories

Julie’s hardwork pays off

Thirty-nine year old Julie Aris is thankful to the Centre for Excellence in Financial Inclusion (CEFI) for certifying her to be VFLI Training of Trainers

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▬Our ▬

Stakeholders

CEFI maintains strategic partnerships with a range of national stakeholders, including industry, donor and training partners, and the Government of Papua New Guinea.