Financial deepening, the independent variable was captured by four alternative indicators: Liquid Liabilities (LL) as ratio to nominal Gross Domestic Product (GDP); Credit to the Private Sector (CPS) as ratio to nominal GDP; Commercial Bank Assets as ratio to commercial bank assets plus Central ...
Financial deepening reduces SMEs’ funding obstacles, promotes company entry into the market and entrepreneurship, and improves resource allocation (Beck, 2013). DFI has increased financial inclusion, enhancing equity and efficiency, which benefits society as well as economy and brings positive ...
March 8, 2022flashnewsreleaseLeave a comment Trevise Bank, which has been providing services to the people for years, has achieved the best results. It has now turned out to be the most trusted bank in the private sector and is known for its work in the area of wealth management. Stockh...
Why do we see this reversal in the impact of financial deepening on inequality? Our thinking is that while poorer individuals benefit in the early stages of deepening, over time, the growing size and complexity of the financial sector ends up primarily helping the w...
This performance underscores Digi Communications’ strategy to combine customer-focused service expansion with advanced infrastructure development, positioning it as a key player in the European telecommunications sector. For more information, visit the company’s website or contact investor relations atinvest...
Financial development is considered not only for expanding financial services but also deepening financial sector through extending users' numbers to such services and financial institutions' forms, including banks and microfinance.[161] These forms' raising the participation to economic growth, which ...
This is the new map of banking – expanding geographically into rural areas to serve the hard-to-reach and deepening into urban metropolises to serve the unbanked and the underbanked – and it’s only going to spread wider with financial inclusion as the number one priority for the World Ba...
The umbrella company sector in the UK is celebrating after recent industry research revealed that contractors could soon see an increase in demand for their services. The news, which was revealed in The Recruitment and Employment Confederation’s (REC) Report in Jobs for December 2011 revealed a ...
For Sunwest, this partnership represents an extension of the firm’s IRA custodial and escrow services to the precious metals market, a move likely to be adopted by an increasing number of firms in theÂfinancial servicessector. “Consumers are becoming interested in investment vehicles which are...
Although the manufacturing sector is declining in the West, it remains important in Africa. For most African countries, it helps alleviate poverty by creating jobs that enable the economic and social development of citizens. However, manufacturing SMEs face involuntary financial exclusion, even though ...