Thursday
June 14
2018

The countries where women have more bank accounts than men

By Soutik Biswas

There are just six countries in the world where more women than men have bank accounts – Argentina, Georgia, Indonesia, Laos, Mongolia, and the Philippines.

This according to the World Bank’s latest Global Findex report on how adults in more than 140 countries access accounts, make payments, save, borrow and manage risk. More than 500 million adults – or 69% of the adults, up from 51% in 2011 – have a “bank account” at a brick-and-mortar bank or a mobile money provider today.

But women, according to the report, continue to lag behind men: 65% of them have an account compared to 72% of men, a gap of seven percentage points that has remained unchanged since 2011.

Photo courtesy of Jaume Escofet.

Source: BBC News (link opens in a new window)

Categories
Finance
Tags
banking, financial inclusion, financial services, gender gap, global development, unbanked, Women, World Bank