Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
That is why the World Bank's triennial Global Findex report is so important. Based on a survey of more than 150,000 representative individuals, the report provides a birds-eye view of patterns and regularities in data pertaining to finance and financial inclusion – such as saving behavior, use of mobile money, and preferred modes of sending and receiving remittances – in 140 economies. The latest Global Findex report informs us that 515 million individuals opened a "bank account" at a traditional financial institution or through a mobile money provider between 2014 and 2017 . As a result, 69 percent of adults worldwide now have bank accounts, up from 62 percent in 2014 and 51 percent in 2011 . The latest Global Findex report also underscores the benefits, especially for women, conferred by access to mobile money. The competition prompted by the Global Findex rankings could be particularly valuable, especially with regard to financial inclusion.The Global Findex report also quantifies and ranks countries according to the gender gap in financial inclusion.India, for example, has made huge strides in expanding financial inclusion.
Corrupt anti-corruption campaigns
language of conflict
Policymakers should fear
FOLLOW THIS ARTICLE