The Bahamas: Financial Sector Assessment Program-Technical Note on Financial Inclusion, Retail Payments, and SME Finance

July 1, 2019

Preview Citation

Format: Chicago

The Bahamas: Financial Sector Assessment Program-Technical Note on Financial Inclusion, Retail Payments, and SME Finance, (USA: International Monetary Fund, 2019) accessed December 24, 2024

Summary

The CBOB considers increased financial inclusion as a critical reform area. In this regard, the FSAP assessed developments in financial inclusion for individuals and enterprises (SME finance), retail payments and provides recommendations for improvements. A review of the market was undertaken using the Payment Aspects of Financial Inclusion (PAFI) framework covering areas such as the legal/regulatory framework and oversight, retail payment systems and instruments, access to transaction accounts and use cases, as well as SME policy, credit infrastructure, economic empowerment funds and consumer protection and financial literacy.

Subject: Banking, Credit, Credit bureaus, Financial inclusion, Financial markets, Financial services, Money, Payment systems

Keywords: Automated clearing house, Bahamian enterprise, -branded card, Companies Act, CR, Credit, Credit bureau, Credit bureaus, Feasibility study, Financial inclusion, Floating charge, Global, Information asymmetry, Invoice discounting, ISCR, Payment systems, Point of sale, Private sector, Transaction account, Transaction fee, Venture capital fund

Publication Details

Pages:

52
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2019/201
Stock No:

1BHSEA2019004
ISBN:

9781498323291
ISSN:

1934-7685

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