FINANCIAL ACCESS

DEFINITIONS

FORMAL (PRUDENTIAL) - Financial services and products used through prudentially regulated and supervised financial service providers by an independent statutory Government Agency including CBK, CMA, IRA, RBA and SASRA

FORMAL (NON-PRUDENTIAL) - Financial services and products accessed and used through financial service providers/ channels that are subject to non-prudential regulation and supervision (oversight) by Government Ministries/ Departments with focused legislations

FORMAL (REGISTERED) - Financial services and products offered through providers that are legally registered legal persons and/ or operate through some form of Government interventions/ oversight

FORMAL (ALL) - Financial services and products that meet any of the above definitions

INFORMAL - Financial services offered through different forms not subject to registration and regulation but have a relatively well-defined organisational structure

EXCLUDED - Consumers who have financial services and products from social networks or those excluded from any form or financial services and products

CLICK HERE FOR FULL SCREEN DASHBOARD