Creating a lasting market for financial consumer protection training
Summary
Between August and December 2014, a project funded by FSD Africa and implemented by the Uganda Institute of Banking and Financial Services (UIBFS) aimed to embed the Bank of Uganda's Financial Consumer Protection Guidelines into the operations of 31 supervised financial institutions. The initiative trained 1,038 staff across 575 branches using 12 qualified trainers from a consortium of five local firms. A February 2015 review showed early signs of market-system change, with all five training firms intending to offer FCP modules commercially and some institutions planning to outsource training. The project is presented as a potential model for other sub-Saharan African countries to develop local training markets based on central bank regulations.
Key insights
- The project successfully delivered training to 1,038 staff members across 575 branches of 31 Supervised Financial Institutions in all regions of Uganda, with 96.7% of participants receiving certificates.
- A review conducted in February 2015 indicated positive shifts toward a commercial market for financial consumer protection training, as all five participating training firms intended to offer FCP modules on a commercial basis.
- The project is viewed as a replicable model for other sub-Saharan African countries, demonstrating how donor-funded facilitators can use Central Bank regulations to build local training markets.
Cite the original document
- APA
- Inc, K. (2015). Creating a lasting market for financial consumer protection training. FSD Africa. https://fsdafrica.org/creating-a-lasting-market-for-financial-consumer-protection-training/
- Chicago
- Inc, Kihingu. Creating a lasting market for financial consumer protection training. FSD Africa, 2015. https://fsdafrica.org/creating-a-lasting-market-for-financial-consumer-protection-training/.
- Wikipedia
- {{cite report |last1=Inc |first1=Kihingu |title=Creating a lasting market for financial consumer protection training |publisher=FSD Africa |date=13 July 2015 |url=https://fsdafrica.org/creating-a-lasting-market-for-financial-consumer-protection-training/ |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{inc2015creating, author = {Inc, Kihingu}, title = {{Creating a lasting market for financial consumer protection training}}, institution = {FSD Africa}, year = {2015}, month = jul, url = {https://fsdafrica.org/creating-a-lasting-market-for-financial-consumer-protection-training/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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