IFC, a member of the World Bank Group, hosted the 2016 GBA Summit in Washington, DC, from October 18-20. The Summit brought nearly 200 attendees from 80 organizations in 45 countries. This year’s Summit was structured around the theme “Boosting Business, Powering Growth: Business models to bank the female economy.” The event kicked off with the GBA Master Class, which highlighted the success stories of 3 high-achieving GBA members and revealed key findings on women’s needs and behaviors as consumers of financial services. The GBA Policy Forum followed, exploring the levers different ecosystem actors can play to support the growth of women-owned businesses. U.S. Small Business Administration Administrator Maria Contreras-Sweet delivered a Keynote talk at the event.
The Summit continued with a number of insightful, provocative panels, with topics including enhancing the CVP for women through digital banking, creating insurance value propositions for women, diversity and inclusion at the bank, and maximizing cost-effectiveness of non-financial services. Take a look at our thorough recap of each panel in the pages below.
Joanne Thomas Yaccato introduced GBA’s latest report, an analysis of market research from GBA banks on women as consumers of financial services.Read More
GBA Vice President Rebecca Ruf discussed the profitability of the Women’s Market using results from GBA banks on growth, savings, product usage, loyalty rates and risk.
Representatives from three GBA banks that have found great success with the Women’s Market — BLC Bank of Lebanon, Westpac of Australia and Banco BHD León of the Dominican Republic — shared key elements of their stories.
This panel explored policy interventions that have unlocked access to capital for women-owned enterprises.
U.S. Small Business Administration Administrator Maria Contreras-Sweet shared her insights on the state of women-owned SMEs in the United States.Read More
This panel presented key cases that demonstrate the value of collecting and analyzing sex-disaggregated data.
Jackie VanderBrug of U.S. Trust, Bank of America discussed the increasing importance of gender lens investing.Read More
Panelists discussed how technology and big data are being leveraged to deliver value to women financial services customers.
This session explored the most effective changes that have been made to tailor insurance value propositions to fit women’s needs.
This session examined the gamut of diversity and inclusion experiences, from “behavioral change” interventions at the individual level to structural inclusion policies and practices like leadership quotas at the firm level.
Programs that fail to achieve their potential frequently do so because of lack of organizational buy-in. Panelists shared their stories.Read More
Panelists discussed what really works for customers and how to maximize the effectiveness and evaluate ROI of the non-financial services offer.
With the annual Women’s Market Champion Awards, the Alliance recognizes its members making strides in serving women as well as those who give most generously of time and know-how to advance the global female economy.Read More
This panel explored the innovative ways that banks are supporting women-owned businesses beyond lending, and the role that different ecosystem actors can play in supporting growth throughout their life-cycles.
Leaders shared their vision for game-changing strategies to improve women’s economic empowerment.