Is the World Bank’s drive towards global financial inclusion working? Yes and no.
April saw the release of the Global Findex Report, the global data for financial inclusion, from the World Bank, Gallup and the Gates Foundation. It is the third report of its kind and is released every three years.
According to the report, 69% of adults – 3.8 billion people around the world – now have an account at a bank or mobile money provider, up from 62% in 2014 and just 51% in 2011.
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