COFACE Conference: Accessible and fair financial services – alternatives to mainstream banking
11-12 May | Madrid, Spain
COFACE will host a conference on the theme of financial inclusion and the alternatives to mainstream banking on 11 & 12 May in Madrid. The conference will directly address some key issues about access to independent and quality information and essential financial products for families, showing that alternatives exist, even for the most vulnerable families.
All families have needs. Having a place to live, paying the bills, acquiring a means of transportation or simply being able to make and receive payments with a bank account.
Financial services are essential to all households but some are excluded from access to basic financial products. Over the years, financial products have become more complex and even for more basic products like a mortgage the stress and hurry involved in purchasing a house is enough to make mistakes. Families need honest and objective information and must know the worst-case scenarios of the different choices. So who really needs financial inclusion? Almost everyone.
