Measuring financial inclusion in Mexico

CNBV's approach to obtaining better data for decision-makers

This video captures the actual experiences and
challenges faced by the Comisión Nacional de Banca y de Valores (CNBV) Mexico regarding financial inclusion data & measurement. Through the AFI network members tell their stories in their own voice so that other developing country policymakers may benefit from their experience and innovations.

In 2008, the Mexican banking and securities regulator, CNBV, modified its strategic plan to embrace the objective of financial inclusion. Its new Access to Finance Unit focused initially on defining and measuring financial inclusion in a practical way. Then, following a preliminary gap analysis, the Unit analyzed existing data from regulated financial institutions and published two major reports on the state of financial inclusion in Mexico. These reports, published in 2010, have been widely read and cited in Mexico, and have already helped to clarify the strategies of state-owned banks and inform the distribution decisions of some private sector groups. The CNBV is still in a relatively early stage of implementing comprehensive and accurate measurements of financial inclusion, but the results to date have been promising.

Acknowledgements: This case study was produced in close collaboration with CNBV Mexico, on behalf of the Alliance for Financial Inclusion. We thank CNBV their ongoing support and willingness to share their experiences with the AFI network

Category:

Nonprofits & Activism

Tags:

• Financial
• inclusion
• data
• CNBV
• AFI