i

i

i

i

 

BAC PARTICIPATES IN THE 2017 BANKING AND WEALTH EXPO

Date: 
13 Nov 2017

Botswana Accountancy College will participate in the 2017 Banking and Wealth Expo on the 15th-18th Novemeber 2017 at Fairgrounds, Ditshupo Hall stall number 7.

Brief

Financial inclusion is an enabler and accelerator of economic growth, job creation and development. Affordable access to and use of financial services helps families and business owners to generate income and manage irregular cash flows; invest in emerging opportunities; strengthen their resilience to economic downturns; and work their way out of poverty. The imperative to face the challenge of financial inclusion is driven by the fact that globally, more than 2 billion adults are excluded from the formal financial system. In Botswana a 2014 financial inclusion survey showed that more than 20 percent of Botswana’s adult population is financially excluded. As part of a private sector response to the challenge to broaden financial access and inclusion, the Bankers’ Association of Botswana and Botswana Institute of Bankers have pioneered a coordinated private sector response by organising a BANKING AND WEALTH EXPOSITION (the “Expo”).

The BANKING AND WEALTH EXPOSITION 2017 is a four day financial inclusion event with the theme “Bridging the Inclusion Gap through Financial Literacy”. It will be held at Ditshupo Hall, Fairground Holdings, Gaborone. The Expo, which will be freely open to the public, is intended to expose the public to the vast scope of banking and financial services. It aims to avail a rare opportunity for the public to seek financial information and advice that will enable them to make informed financial decisions and to better understand how they can use money and financial services towards improving their future livelihoods. The public will, for the first time ever, have a chance to interact with a broad array of banks and other financial service providers under one roof. On the supply side, the Expo will provide a platform for financial agents to demonstrate their innovative financial products, services and delivery channels. The Expo will provide an opportunity for policy makers and regulators to gauge or detect gaps in service provisioning and regulatory enablement.