Financial literacy for women entrepreneurs in Seychelles

In 2014, the Government of Seychelles (GoS) adopted the Financial Sector Development Implementation Plan (FSDIP) whose purpose is to strengthen and modernize the financial sector. Of the priorities identified were the introduction of a consumer protection framework in the financial sector and a financial literacy strategy.

In response, the Central Bank of Seychelles (CBS) and the Financial Services Authority (FSA) commissioned a National Financial Literacy Baseline in 2016 and the development of the National Financial Education Strategy (NFES) in 2017. An in-depth diagnostic was undertaken during May 2017. The findings are captured in this report (see the link below) and form the basis of the NFES. Details of the institutions providing financial literacy training are provided below.

angle-left Financial Services Authority

Financial Services Authority

Mode of training/activities

- The Financial Services Authority (FSA) has embarked on a financial education initiative with the aim to sensitize the public about the non-bank financial services industry, in an effort to be more visible to the public and to better educate consumers on the different products under the purview of the FSA.

- The FSA has issued leaflets on insurance, gambling and other financial services that fall under its jurisdiction. Awareness material is published regularly in the FSA newsletter and in local newspapers.

- An awareness initiative on insurance fraud has also been undertaken.

- The FSA also participated in the Financial Services Open Day to promote awareness of financial services


Contact information

Financial Services Authority
P.O. Box 991
Bois de Rose Avenue
Roche Caiman Victoria, Mahe
Tel: 
(248) 438 08 00
Tel: 
(248) 438 08 88
Web: https://www.fsaseychelles.sc/
Facebook: https://www.facebook.com/fsra2010/