Seminar on Inclusive Banking – Egyptian Banking Institute – Cairo, Egypt – Sunday, May 27, 2012

On Sunday, May 27, 2012 the Egyptian Banking Institute held a Seminar on Inclusive Banking at its headquarters in Nasr City.  The seminar
was delivered by Geoffrey Mazullo, Principal, Emerging Markets ESG.

The purpose of the seminar was to create awareness among bankers about inclusive banking and introduce them to examples of successful inclusive banking programs.   This was the first event organized by the Egyptian Banking Institute on this topic.  25 participants attended the seminar, including representatives of a number of Egyptian banks and staff of the EBI.

The seminar was designed didactically and pragmatically; it began with fundamental concepts and proceeded step-by-step through each process necessary for designing an effective and successful inclusive banking program.

At the outset of the seminar, Mr. Mazullo outlined concepts and definitions related to inclusive banking.  Utilizing case studies and practical
examples, primarily about and from Africa, the trainer and participants formed a consensus that inclusive banking combines the developmental concept of inclusion with the pragmatic, commercial practice of banking.  Thereafter Mr. Mazullo presented indicators and key performance indicators (KPIs) for inclusive banking as well as a variety of methodologies for implementing inclusive banking.  At the end of the presentation of the step-by-step process, the goals of various inclusive banking practices and the strategies for achieving them were analyzed.

During the final session of the seminar, participants discussed and debated three case studies, about access to finance for disadvantaged groups, loan analysis and microfinance.