Commitment to Action

Banking on Women: Scaling the Women's Market Program

Commitment by

Global Banking Alliance For Women

In 2014, The Global Banking Alliance for Women (GBA) committed $738 million to increasing women's access to financial services and sustainably growing women's wealth across the globe by mobilizing banks to commit to Women's Market Programs (WMP) and take actions that have a measurable effect on women's access to financial services. GBA will do this by developing key performance indicators; by quantifying the business impact of serving women through previously uncollected gender-disaggregated data; and by facilitating open collaboration among GBA members to share best practices for expanding women's financial access. Supporting development finance institution partners will commit to providing debt and equity financing as well as technical assistance to make it easier for banks to target the Women's Market, and proactively encouraging new investees to become members of the GBA and share best practices. GBA aims to improve access to capital for over 2 million women customers through over 60 bank members over the next three years.

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Overview
Summary

Commitment

Banking on Women: Scaling the Women's Market Program

Launched

2014

Est. Duration

3 years

Estimated Total Value

$855,000,000

Region

Oceania, Latin America & Caribbean, Asia

Countries

Australia, BOLIVIA, BRAZIL, CHILE, CHINA, EL SALVADOR, GHANA, GUINEA, IRELAND, JORDAN

Commitment by

Global Banking Alliance For Women

Partner(s) of the Commitment Maker(s)

Banco BHD, Banco Nacional de Costa Rica, Chase Kenya, Inter-American Development Bank, Turkish Economy Bank (TEB) Türk Ekonomi Bankasi, Banco Continental, The Royal Bank Of Scotland Group, Rawbank, Centenary Bank, Türkiye Garanti Bankasi A.S., Westpac Banking Corporation, Postbank Uganda, Itaú Unibanco S/A, Ut Bank Ghana Limited, HBL Bank, International Finance Corporation, BLC Bank