Opening Singapore Fintech Festival by Ceyla Pazarbasioglu

Monday, March 4, 2019

Ceyla Pazarbasioglu, World Bank Vice President for Equitable Growth and one of our board members recently spoke at the "Fintech Festival" in Singapore on the current financial and technological divide between developed and undeveloped countries. Her speech indirectly underscores the importance of Toronto Centre in assisting emerging markets and developing countries in stabilizing their financial systems through the training of regulators and supervisors.

"Most of the poor do not have access to financial services, about 1.7 billion people do not have any transaction account, be it a bank account or mobile account. We are trying to do this and make full financial inclusion for all adults by 2020 but we need to make progress still and the last mile has been the most challenging. So what does this mean? Giving aid to the poor is not going to lift them from poverty, the poor need to participate and work in the economy, and this is going to be difficult and impossible if they can't make simple financial transactions, save regularly or have access to credit or insurance products." - Ceyla Pazarbasioglu

Toronto Centre’s 20th Anniversary – Celebrating the past 20 years

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Toronto Centre Essay Competition

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February 2019 Monthly Monitoring Report Now Available

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Read our newest TC Note "The Development and Use of Risk Based Assessment Frameworks"

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Toronto Centre Congratulates Ilana Singer For Her Recent Appointment as a Member of the Ontario Securities Commission

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Message from H.M. Queen Máxima of the Netherlands

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