Reaching the Unbanked: Citi Inclusive Finance Wins Euromoney Award
One in four people in the world is unbanked, leaving them completely outside the system of formal financial services which can serve as bridge out of poverty and unlock opportunities that can fundamentally improve their lives.
Over the course of six years, Skoll has built a thriving strategic partnership with Citi Inclusive Finance, a specialist team that works across Citi businesses globally to develop and deliver solutions—in partnership with leading microfinance institutions, corporations, governments, nonprofit organizations, development agencies, investors and service providers—to expand access to financial services and advance economic progress in underserved markets.
As a direct result of its Inclusive Finance efforts—led by Bob Annibale, global director of Citi Community Development and Citi Inclusive Finance—earlier this month Citi won Euromoney’s inaugural award for the world’s best bank for financial inclusion. . .