Fostering Financial Inclusion of FDPs from Ukraine

Access to affordable and suitable financial services is critical for Forcibly Displaced Persons (FDPs) as it helps them to be more resilient, self-reliant, and protected, fostering better integration into host countries and improving their livelihoods. Using available financial instruments allows FDPs to perform daily transactions, send remittances to home countries, and save up money.

This market studies in Moldova, Poland and Romania were solicited by International Finance Corporation (IFC), a member of the World Bank with the primary objective of analyzing the current supply and demand for financial and non-financial services among FDPs from Ukraine, currently living in those countries. The study also aims to identify enablers and barriers in the financial sector to provide services for FDPs from Ukraine, gaps in the available services and to provide initial recommendations for enhancing the financial inclusion of FDPs from Ukraine.