Ukraine Financial Inclusion - Credit Reporting

completed

The Project as a part of Ukraine Financial Inclusion Program is being implement by CMA IFC unit in ECA region. The Ukraine Financial Inclusion Program aims to support sustainable development of the Ukrainian financial sector by addressing gaps related to financial inclusion, consumer protection, credit infrastructure, and digital finance. The Program is focused on: - Financial-inclusion strategy development, financial capability, and consumer protection. - Credit information system development. - Digital financial services related to regulatory, sectoral, and institutional issues. The overall goal of this project is to facilitate the development of an improved Ukrainian credit information sharing system in a way that will contribute towards improved financial sector intermediation and inclusion. The Project will work on improving of the existing credit information system at legal & regulatory, sectoral and institutional levels. Improved credit information system will lead to transparent and fair access to credit for individuals and MSMEs and improved risk-management practices, as a key to efficient lending and resilient financial-sector growth.