The purpose of this report to ensure the achievement of several key goals for financial inclusion such as universal access to a bank account; a ubiquitous payments infrastructure; and a base level access to all the other financial products such as credit and insurance within a relatively short period of time.
The report is divided into seven sections. Section 1 introduces the report. Section 2 provides the vision statements, current data on access, design principles and a theoretical framework to examine various banking system designs. Section 3 examines issues relevant to the goal of a ubiquitous payments network and universal access to savings. Section 4 examines issues relevant to the goal of sufficient access to affordable, formal credit. Section 5 examines issues relevant to the goal of universal access to investment and risk management products. Section 6 examines issues in customer protection. Section 7 examines issues relevant to measurement and monitoring of comprehensive access to financial services.