In the first three years, we made a difference to the lives of over half a million people around the world. Read a Report (PDF 1.1MB, new window) which examines the progress of our work to tackle exclusion over this time. In 2013, Barclays renewed its commitment to the partnership with an additional investment of £10m, enabling us to reach many more people in Egypt, Ghana, India, Kenya, Tanzania, Uganda and Zambia.
Banking on Change is the first partnership between a global bank and international NGOs to successfully link informal savings groups to the formal banking sector, but we know that fulfilling the scale of our ambitions will require many more organisations to work together. That’s why we’re calling on other banks, companies, NGOs and governments to engage in the development of a set of international principles for savings-led financial inclusion - the ‘Linking for Change’ Savings Charter (PDF 305KB, new window).
The Charter builds on the experiences of, and lessons learned through Banking on Change over the past five years. We plan to build an Alliance of organisations who will support the principles or commit to developing products and services for the poorest communities in the developing world that help enable a savings culture.