YEREVAN, June 23. / ARKA /. Armenia’s Central Bank chairman Arthur Javadyan and Alfred Hannig, the executive director of the Alliance for Financial Inclusion (AFI), discussed on Tuesday in Yerevan their future cooperation and the possibility of Armenia’s inclusion in AFI’s forthcoming programs.
According to a Central Bank statement, Javadyan praised the global role of AFI in increasing the level of financial inclusion. Javadyan evaluated the effectiveness of the ongoing cooperation with AFI and thanked it for its assistance to the Central Bank in the implementation of various programs.
The latest outcome of this partnership was the development of a methodology for assessing financial capacities, which can be used in the creation of a national strategy for financial education in AFI member states.
Hannig welcomed the effective cooperation of the Alliance with the Central Bank of Armenia and stressed the importance of using the experience of Armenia by the participating countries.
The Alliance for Financial Inclusion (AFI) is a network of financial inclusion policymakers. AFI’s core mission is to encourage the adoption of inclusive financial policies in developing nations. AFI was founded in 2008 as a Bill & Melinda Gates Foundation-funded project AFI’s network has more than 100 institutions from more than 89 member nations. Armenian Central Bank joined it in 2011.-0-
