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10 years of the Observatory for Banking Inclusion - an example of collective efficiency

· François Villeroy de Galhau, Governor of the Banque de France (France)

Summary written by Dark Majestic in its own words · topics: financial stability, public finances and debt

FV
· François Villeroy de Galhau Wiki · Banque de France Wiki10 years of the Observatory for Banking Inclusion - an example of collective efficiency

ContextSpeech in Paris for the tenth anniversary of the Observatory for Banking Inclusion; the Banque de France keeps finance stable and helps vulnerable people keep access to banking.

Why it mattersTen years of joint work show how early detection helps fragile households avoid over-indebtedness.

Problems raised
  1. Financially vulnerable people need support.
  2. Over-indebtedness remains a concern.
  3. New risks emerge.
Solutions proposed
  1. Detect vulnerable customers early.
  2. Sustain the Banking Inclusion Observatory's work.
  3. Stay vigilant on over-indebtedness.
Read full speech on bis.org ↗

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