The role of banking governance in promoting financial inclusion

Authors

Keywords:

Banks, Governance, Corporate Governance, Banking Governance, Financial Inclusion

Abstract

The study aims to clarify how banking governance contributes to enhancing financial inclusion by examining the conceptual and theoretical framework of banking governance and financial inclusion. Then extract the mechanisms and tools through which banking governance supports the advancement of financial inclusion. The study found that banking governance contributes to enhancing financial inclusion through: improving trust in the banking system, protecting customer rights, encouraging financial innovation, improving operational efficiency, promoting sustainable financing, reducing financial risks, and improve the regulatory environment.

References

BCBS. (2015). Guidelines Corporate governance principles for banks. Basel. Switzerland, Switzerland: The Bank for International Settlements.

Demirgüç-Kunt, A., Klapper, L., Singer, D., & Ansar, S. (2022). The Global Findex Database 2021. Washington. USA: The World Bank.

FIDWG. (2011). Measuring Financial Inclusion: Core Set of Financial Inclusion Indicators. Alliance of Financial Inclusion.

Rodríguez, J. (2024). ANNUAL REPORT 2023. Kuala Lumpur. Malaysia: Alliance for Financial Inclusion.

Sheng, Y. (2009, July 10). What is good governance? Retrieved from United Nations ESCAP: https://repository.unescap.org/rest/bitstreams/7ac82496-f2f7-4b14-bce1-b1ba22e53dbd/retrieve

OECD. (2024). Corporate governance. Retrieved June 10, 2024, from Organization for Economic Cooperation and Development: https://www.oecd.org/corporate/

IFC. (2024). Corporate governance. Retrieved June 10, 2024, from International Finance Corporation: https://www.ifc.org/wps/wcm/connect/Topics_Ext_Content/IFC_External_Corporate_Site/IFC+CG

IFC. (2024). Corporate Governance. Retrieved June 10, 2024, from The International Finance Corporation: https://www.ifc.org/en/what-we-do/sector-expertise/corporate-governance

IFC. (2024). IFC Corporate Governance Methodology and Tools. Retrieved June 10, 2024, from International Finance Corporation: https://www.ifc.org/en/what-we-do/sector-expertise/corporate-governance/cg-methodology-tools

UNESCWA. (2024). Good Governance. Retrieved June 15, 2024, from UNESCWA: https://www.unescwa.org/sd-glossary/good-governance

World Bank. (2024). Worldwide Governance Indicators. Retrieved June 15, 2024, from The World Bank: https://www.worldbank.org/en/publication/worldwide-governance-indicators

Published

2024-08-28

How to Cite

Chenini, R. (2024). The role of banking governance in promoting financial inclusion. International Journal of Economic Perspectives, 18(3), 711–720. Retrieved from http://ijeponline.org/index.php/journal/article/view/583

Issue

Vol. 18 No. 3 (2024)

Section

Peer Review Articles
Copyright & Licensing

Copyright (c) 2024 Rachid Chenini

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Allows users to: distribute and copy the article; create extracts, abstracts, and other revised versions, adaptations or derivative works of or from an article (such as a translation); include in a collective work (such as an anthology); and text or data mine the article. These uses are permitted even for commercial purposes, provided the user: gives appropriate credit to the author(s) (with a link to the formal publication through the relevant URL ID); includes a link to the license; indicates if changes were made; and does not represent the author(s) as endorsing the adaptation of the article or modify the article in such a way as to damage the authors' honor or reputation. CC BY