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Updated: 21 November 2018 [Includes Scale2Save branding]
BRUSSELS, 19 December 2017 – The latest episode of WSBI Exchange gives a news roundup on how the Scale2Save (formerly MTripleSW) programme is working to make small-balance savings accounts viable.
The two-minute video, hosted by WSBI's Aimée Suarez, looks at the programme that is a partnership between WSBI and Mastercard Foundation, and how it is moving forward to help boost financial access and economic development in Africa.
The video reports that Scale2Save (refered to in the podcast as "MTripleSW") will test and apply new business models based on price analysis, targeted on low-income unbanked segments, to try to lower account dormancy and lack of activity by bank customers. The video highlights also Al Barid Bank and Kenya Postal Office Savings Bank – WSBI members recently signed on to the programme. WSBI's Ian Radcliffe provides his insight about projects being done by both banks.