On October 31st and November 1st, 2011, a two-day conference on postal financial inclusion, chaired by Joëlle Toledano, was held at the Universal Postal Union’s headquarters in Bern (Switzerland) with the support of the Bill & Melinda Gates Foundation. The objective of the conference was to analyze the business case for postal partnerships in financial inclusion and to present some of the existing best practices with posts, governments, donors, international organizations, central banks and potential partners (banks, mobile network operators, among others). The discussions held will contribute to ensuring that postal networks are taken into account in the strategy of all these actors and to communicate on the essential role Posts can play in financial inclusion.
Presentations are made available below.
October 31st, 2011
The Business Case for Posts in Financial Inclusion: Opportunities and Challenges
Session 1: New and Evolving Success Stories in Postal Financial Inclusion
Following up on the success of the 2009 UPU-AFI conference, this session provided an update on the best practices and economic models and presented a number of newly identified success stories.
A. Updates from the 2009 UPU-AFI workshop on financial inclusion and postal banking
South Africa –Postal Financial Inclusion
India -Postal Financial Services: An update from India Post
Brazil -Brazilian Correspondent Bank Model
China –Developments and strategies of the Postal Savings Bank of China
B. Developments in Postal Financial Inclusion
Bangladesh – A success story
Postal Cash Card:
Namibia -NamPost Savings Bank’s SmartCard
Mr. Reyneke, Director Postal Financial Services, Namibia Post
Kenya-Government Payments Using the Post as a Cash Merchant
Mr. Stephen Muriuki, General Manager Mail and Courier, Postal Corporation of Kenya
Session 2: Regulating Postal Financial Services: who should do it and how?
In this session the panelists discussed their understanding of postal financial services regulation and analyzed the difference between two types of legal and regulatory frameworks: one based on postal law, where the regulator is the Ministry of Communications; and a second one, where postal financial services act as a bank and regulation and supervisory powers are held by Central Bank.
Gabon-Regulation of Postal Financial Services
Turkey-Regulation of the postal financial services in Turkey
Azerbaijan-Issues for the regulation of postal financial services implemented in the postal network of the Azerbaijan Post
Session 3: Brainstorming on Business models for Postal Financial Inclusion: postal savings bank vs. partnerships and postal-led partnerships vs. agent-model partnerships
This session analyzed the potential policy options for posts to foster financial inclusion .
Yemen -Mobile payments and update on regulation
Ethiopia -Ethiopia Postal Service Enterprise: Organization Profile
November 1st, 2011
Session 4: Key Takeaways
Session 5: Next Steps to Advance the Postal Financial Inclusion Agenda