Foreign Commonwealth and Development Office · Awarded contract
Awarded

Award of Financial Services Pillar of ASEAN Economic Integration Programme to Cadmus International UK Limited

Awarded 14 Nov 2024

View live tenders
Awarded14 Nov 2024
Value£8,000,000.00
SupplierCadmus International UK Limited
AgencyForeign Commonwealth and Development Office
RegionScotland
CategoryFinance & Insurance
Expires in 2y4y term, 49% elapsed
Awarded 14 Nov 2024Expires 13 Nov 2028

About

The Foreign Commonwealth and Development Office awarded a contract to Cadmus International UK Limited for the Financial Services Pillar (FSp) of the ASEAN Economic Integration Programme (AEIP), following an open competition.

The contract, valued at £8,000,000, aims to enable greater financial resilience and economic opportunities for individuals and businesses in ASEAN Member States (AMS) through wider availability of useful and affordable financial services, particularly for MSMEs and women.

The programme addresses uneven financial inclusion among AMS, barriers such as low financial and digital literacy, lack of trust, gaps in consumer protection, shallow capital markets, and limited access to international payments.

The intended outcome is that AMS adopt and implement ASEAN-led policy recommendations and reforms that promote financial inclusion, with the programme providing expert support to ASEAN and AMS.

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