Banking

BSP announces $100k sponsorship for Global Policy Forum

The Bank of the South Pacific (BSP) today announced a Gold sponsorship of $100,000 towards the 2016 Alliance for Financial Inclusion (AFI) Global Policy Forum.  BSP Country Manager Mr Kevin McCarthy said the Gold sponsorship will assist the Reserve Bank of Fiji (RBF) in hosting the 2016 Global Forum Policy Forum for the Alliance for […]

Salote Qalubau

June 28, 2016 10:45 am

The Bank of the South Pacific (BSP) today announced a Gold sponsorship of $100,000 towards the 2016 Alliance for Financial Inclusion (AFI) Global Policy Forum. 

Bank of the South Pacific Country Manager Mr Kevin McCarthy and Reserve Bank of Fiji Governor Mr Barry Whiteside (Nacanieli Tuilevuka/Newswire)
Bank of the South Pacific Country Manager Mr Kevin McCarthy (left) and Reserve Bank of Fiji Governor Mr Barry Whiteside (right) during the handover. (Nacanieli Tuilevuka/Newswire)

BSP Country Manager Mr Kevin McCarthy said the Gold sponsorship will assist the Reserve Bank of Fiji (RBF) in hosting the 2016 Global Forum Policy Forum for the Alliance for Financial Inclusion which will also be the first time it is being hosted in Fiji.

Mr McCarthy said the core function of BSP was to cater to the unbanked population.

McCARTHY: “We support opportunities to empower and enhance financial access for the world’s unbanked population especially our pacific islanders. We wish RBF (Reserve Bank of Fiji) all the best in hosting this historical and high powered event  and look forward to welcoming all the international delegates to our beautiful country.”

Reserve Bank of Fiji Governor Mr Barry Whiteside said the event would strengthen Fiji’s stance as the financial capital of the AFI.

WHITESIDE: “This is basically an annual meeting for all the members of the AFI, Fiji is a member and there are about 120 financial institutions mostly central banks and ministries of finance from around the world coming to Fiji. Within our pacific island regional initiative pacific island member countries are Fiji, Samoa, Tonga, Vanuatu, Solomon Islands, Papua New Guinea and Timor Leste.”

Mr Whiteside said the agenda will highlight gender, the upcoming Financial Inclusion Strategy for the next five years and digital financial services.

Mr Whiteside added that financial stakeholders from all over the country and various ministries such as the Ministry of Finance, Ministry of Trade and Tourism, Ministry of Agriculture, Ministry of Women and donor agencies will be attending the event.

The two-day event is scheduled to take place on September 8th and 9th in Denarau, Nadi with the AFI Annual General Meeting planned to take place on September 7 prior to the event.

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