3. Objectives of the Regulation
| No: 43089486 | Date(g): 24/5/2022 | Date(h): 23/10/1443 | Status: In-Force |
The Regulation is aimed at achieving the following key regulatory objectives:
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| | a) | Promoting financial inclusion and increasing outreach of financial services to the priority areas;
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| | b) | Setting a regulatory and supervisory framework for the branch network;
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| | c) | Encouraging geographic diversification of the branch network;
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| | d) | Ensuring consumer protection; and
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| | e) | Facilitating banks in streamlining their branch networks.
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