Financial Inclusion















 Governance Structure

The strategy has helped in establishing a coordination mechanism for financial inclusion which consists of NFIS Council, NFIS Steering Committee, Technical Committees and NFIS Secretariat which is housed in SBP.

  1. NFIS Council, chaired by the Federal Finance Minister, is the primary platform for achieving Pakistan’s financial inclusion objectives and vision.


  2. NFIS Steering Committee, chaired by SBP Governor, has the overall responsibility of implementing the Strategy.


  3. Technical Committees (TCs) in seven focus areas with more than 160 members from the private sector, Ministries, Government Departments, Regulators, Associations & networks have been formed to identify plans, address technical issues and propose solutions to Steering Committee to achieve the NFIS targets:

    1) Digital Financial Services & Payment Systems
    2) Microfinance, Agricultural finance, & Housing finance
    3) SME finance
    4) Islamic finance
    5) Financial Literacy and Consumer Protection
    6) Insurance
    7) Pensions

These Technical Committees have further been positioned into 18 working groups for focused and concrete deliberations to firm up action plans.





Supply Side Statistics

December, 2019
 Number of
 Banks & DFIs

53
 Number of
 Branches
16,076
 ATMs
15,252
 POS
47,567
 BB Agents
437,182
 Total No. of
 Accounts
57,571,046
 Source: SBP

Demand Side Statistics
Percentage of Adult population:
A2FS
2015
A2FS
2008
A. Banked
16%
11%
B. Other formal
7%
1%
Formally Served (A+B)
23% 12%
C. Informally Served
24%
32%
Financially Served (A+B+C)
47% 44%
Financially Excluded
53% 56%
 Source: Access to Finance  Survey, 2015


       
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