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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.
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.
CEFI works with the government and other stakeholders to develop and implement a national strategy to increase financial inclusion in PNG
CEFI develops and implements financial education programs to help people in PNG improve their financial literacy and make informed decisions about money.
CEFI supports the development of agent banking networks, which allow people in remote areas to access basic financial services through local agents.
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 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.
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.
View strategies and Policies
The Bank of Papua New Guinea (BPNG) and the Centre for Excellence in Financial Inclusion (CEFI) successfully hosted its inaugural Financial Inclusion Policy Forum and Excellence Awards on Friday November 22 at the APEC Haus in Port Moresby.
Speakers at the forum included Governor of the Bank of Papua New Guinea (BPNG) Ms. Elizabeth Genia, BPNG Assistant Governor, Financial System and Stability Group, Mr. George Awap, CEFI Executive Director Mr, Saliya Ranasinghe, Alliance for Financial Inclusion (AFI) Director of Policy Programs and Implementation, Dr. Eliki Bolewata, Asian Development Bank Country Director Mr. Said Zaidansyah and Deputy Secretary of the National Planning and Monitoring Department Mr. Michael Kumung.
Other speakers included representatives from international development partners, PNG government departments heads and senior officials, partner financial institutions, members of NGOs and other stakeholders.
Governor of the Bank of Papua New Guinea Ms. Elizabeth Genia, who is also chair of CEFI’s Board, in her opening keynote address at the forum stated that the inaugural financial inclusion policy forum marked a significant step in the country’s journey towards building an inclusive, resilient and equitable financial system for all Papua New Guineans.
MiBank recently won the Financial Inclusion Innovation award at the Financial Inclusion Excellence Awards hosted by CEFI on November 22. MiBank along with Women’s Micro
Financial Inclusion Advocate winner Ms. Lilly Namunu was lost for words when she was announced the winner at the inaugural Excellence Awards hosted by CEFI
Woman entrepreneur Nellie Allen is thankful to CEFI’s Training of Trainer’s training for providing her the opportunity to explore and implement new ideas that revived
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.
Head Office:
Third Floor, Credit Corporation Building, Cuthbertson Street, Port Moresby
Phone: +675 322 5300
Email: info@thecefi.org