New banking entrants key to financial inclusion – BCB deputy
Pix helped address shortcomings of online-only lenders, Renato Gomes tells Autumn Meetings
Enabling new entrants to the banking industry is key to boosting financial inclusion and reaching under-served populations, the deputy governor for financial system organisation and resolution at the Central Bank of Brazil (BCB) has said.
In a keynote speech at Central Banking’s Autumn Meetings in Rio de Janeiro, Renato Gomes mentioned the importance of enabling competition in the banking sector.
He noted that, in addition to supporting traditional lenders, the BCB created space for specialised
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