Enhancing Financial Capability and Inclusion in Azerbaijan : A Demand-Side Assessment
Consumer protection is an important element of financial sector stabilization and development agenda in Azerbaijan. The falling oil prices and weaker macroeconomic fundamentals on top of the negative external shocks have led to devaluation of the n...
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okr-10986-249552021-05-25T08:51:09Z Enhancing Financial Capability and Inclusion in Azerbaijan : A Demand-Side Assessment World Bank Group financial literacy financial inclusion financial capability consumer protection Consumer protection is an important element of financial sector stabilization and development agenda in Azerbaijan. The falling oil prices and weaker macroeconomic fundamentals on top of the negative external shocks have led to devaluation of the national currency and erosion of public trust in financial sector. Restoring financial stability, renewing public and investor confidence and mobilizing higher savings to finance growth are the top priorities of Azerbaijan policy makers. The authorities increasingly discuss the issues of consumer and depositor protection, responsible lending and finance access. To support Azerbaijan in its efforts to advance financial capability, the WBG has implemented a nationally representative financial capability survey of the adult population in Azerbaijan. This survey will inform the development of a detailed implementation action plan for the national financial literacy strategy. Moreover, it will help the authorities to set quantifiable and concrete targets, and assess the effectiveness of future financial capability enhancing programs. Chapter 1 explores the financial inclusion landscape in Azerbaijan. Chapter 2 gives an overview of levels of financial capability in Azerbaijan, in particular about their financial knowledge, attitudes and behaviors. The last chapter investigates if the products are effectively meeting their needs of financially included individuals. 2016-08-25T21:43:19Z 2016-08-25T21:43:19Z 2016-05-01 Report http://documents.worldbank.org/curated/en/2016/08/26681091/enhancing-financial-capability-inclusion-azerbaijan-demand-side-assessment http://hdl.handle.net/10986/24955 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Economic & Sector Work :: Other Financial Sector Study Economic & Sector Work Europe and Central Asia Azerbaijan |
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Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English en_US |
topic |
financial literacy financial inclusion financial capability consumer protection |
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financial literacy financial inclusion financial capability consumer protection World Bank Group Enhancing Financial Capability and Inclusion in Azerbaijan : A Demand-Side Assessment |
geographic_facet |
Europe and Central Asia Azerbaijan |
description |
Consumer protection is an important
element of financial sector stabilization and development
agenda in Azerbaijan. The falling oil prices and weaker
macroeconomic fundamentals on top of the negative external
shocks have led to devaluation of the national currency and
erosion of public trust in financial sector. Restoring
financial stability, renewing public and investor confidence
and mobilizing higher savings to finance growth are the top
priorities of Azerbaijan policy makers. The authorities
increasingly discuss the issues of consumer and depositor
protection, responsible lending and finance access. To
support Azerbaijan in its efforts to advance financial
capability, the WBG has implemented a nationally
representative financial capability survey of the adult
population in Azerbaijan. This survey will inform the
development of a detailed implementation action plan for the
national financial literacy strategy. Moreover, it will help
the authorities to set quantifiable and concrete targets,
and assess the effectiveness of future financial capability
enhancing programs. Chapter 1 explores the financial
inclusion landscape in Azerbaijan. Chapter 2 gives an
overview of levels of financial capability in Azerbaijan, in
particular about their financial knowledge, attitudes and
behaviors. The last chapter investigates if the products are
effectively meeting their needs of financially included individuals. |
format |
Report |
author |
World Bank Group |
author_facet |
World Bank Group |
author_sort |
World Bank Group |
title |
Enhancing Financial Capability and Inclusion in Azerbaijan : A Demand-Side Assessment |
title_short |
Enhancing Financial Capability and Inclusion in Azerbaijan : A Demand-Side Assessment |
title_full |
Enhancing Financial Capability and Inclusion in Azerbaijan : A Demand-Side Assessment |
title_fullStr |
Enhancing Financial Capability and Inclusion in Azerbaijan : A Demand-Side Assessment |
title_full_unstemmed |
Enhancing Financial Capability and Inclusion in Azerbaijan : A Demand-Side Assessment |
title_sort |
enhancing financial capability and inclusion in azerbaijan : a demand-side assessment |
publisher |
World Bank, Washington, DC |
publishDate |
2016 |
url |
http://documents.worldbank.org/curated/en/2016/08/26681091/enhancing-financial-capability-inclusion-azerbaijan-demand-side-assessment http://hdl.handle.net/10986/24955 |
_version_ |
1764458043807891456 |