Banking on Financial Inclusion
Today, 2.5 billion people worldwide lack access to formal banking services, credit facilities, or savings instruments. Bringing this largely ignored “missing market” into the formal financial system would benefit developed and developing countries alike, and lead to innovation and growth in every industry.
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LIMA – The 2008 financial crisis highlighted the profound importance of finance for the globalized economy. But 2.5 billion people worldwide still lack access to formal banking services, credit facilities, or savings instruments. Bringing this largely ignored “missing market” into the formal financial system would enrich and strengthen the global economy.