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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Main Author:	World Bank Group
Format:	Report
Language:	English en_US
Published:	World Bank, Washington, DC 2016
Subjects:	financial literacy financial inclusion financial capability consumer protection
Online Access:	http://documents.worldbank.org/curated/en/2016/08/26681091/enhancing-financial-capability-inclusion-azerbaijan-demand-side-assessment http://hdl.handle.net/10986/24955

id	okr-10986-24955
recordtype	oai_dc
spelling	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
repository_type	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
spellingShingle	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

Enhancing Financial Capability and Inclusion in Azerbaijan : A Demand-Side Assessment

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