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No Open Banking

The most populous country in the Carribean.

According to the Global Findex Database, 33% of Haitians had access to the internet in 2021.

According to The Global Findex Database, 33% of the adult population of Haiti had bank accounts in 2021, leaving 49% unbanked. 

Through the launch of the National Financial Inclusion Strategy (NFIS) in 2014, the Haitian Central Bank managed to meet one of its first commitments. In 2018, it assumed four Maya commitments focused on different issues. The commitments were generated around the following topics: financial education, financial data collection, gender and Digital Financial Services (SFD). In relation to these issues, Haiti pledged to achieve the following objectives:

  1. Develop a National Financial Education Strategy (February 2019);
  2. To carry out a geospatial mapping of financial inclusion. This was carried out in May 2018
  3. Generate disaggregated data on the access to and use of financial products and services for specific groups, such as women’s
  4. Continue with the modernisation of the “National Processor of Payments” (PRONAP) payment system.

The low rate of financial literacy remains a significant obstacle to overcome in Haiti. Consumer protection and financial education are challenges to be faced in order to build confidence in financial products and services.

In Wiley’s Digital Skills Global Index 2021, Haiti ranked 134th out of the 134 countries.