Financial literacyBankMicrofinanceFinTechFinancial inclusionInclusive financeBangladeshKnowledge economyInclusive finance is a core concept of finance that makes various financial products and services accessible and affordable to all individuals and businesses, especially those excluded from the formal financial ...
For nations like Zimbabwe, Sudan, Nigeria, and Bangladesh, the issues are more overt and intertwined with socio-cultural norms. Women's financial vulnerabilities there are not just about knowledge but also about access to banking facilities, credit, and even basic financial autonomy. For instance,...
Should such a household reside in countries, such as Bangladesh, Uganda, or Venezuela, where mainstream financial services firms neither encourage thrifting nor provide credit to households with no traditional (marketable) collateral or credit history, only a different financial services model can save...
Muhammad Yunus of Bangladesh is the founder of this microcredit model. It is a process of group lending. The repayment of loans by the group members makes them eligible for further loans. In a nutshell, the mechanism uses the mechanism of trust to overcome the problem of asymmetric information...
According to research, Bangladeshi commercial banks made a substantial investment in technology infrastructure to ensure a better flow of transactions and client access [7]. In addition, developing countries with higher digital financial inclusion can reduce poverty and provide a higher financial ...
There have been successful and valuable examples of financial inclusion practices in many economies during this period, such as the Grameen Bank in Bangladesh, the community banks in the US, agent banking in Brazil, and the Agricultural Cooperatives in Japan. However, the challenges for inclusive ...
In Bangladesh, India, and Pakistan, Chowdhury and Chowdhury (2023) conducted a more contemporary study on the contribution of FI to HD. Findings from the generalized method of moments (GMM) verify that FI has a positive impact on HD. The researchers discovered that life expectancy, educational ...
Bangladesh 4% Egypt, Arab Rep. 4% The majority of unbanked adults continue to be women even in economies that have successfully increased account ownership and have a small share of unbanked adults In developing economies, 64% of unbanked adults said they could not use an account at a financ...
(2017). Financial innovation and economic growth in Bangladesh. Financial Innovation, 3(1), 24. https://doi.org/10.1186/s40854-017-0070-0 Qamruzzaman, M., & Wei, J. (2019). Financial innovation and financial inclusion nexus in south asian countries: evidence ...
This study discusses the emergence of bKash as the m-banking pioneer in Bangladesh. It focuses on the services provided by bKash and its current operating scenario in Bangladesh. bKash’s strategy of market penetration and bringing a completely new servi