Thursday, 16 April 2015

WORLD BANK: 2,000,000,000 Adults Worldwide Without Bank Accounts

While the World Bank is satisfied with the growing number of adults gradually finding their way into the banking system, about two billion are
yet to have access to bank accounts, the World Bank Group President, Jim Yong Kim, reported.

Kim, yesterday, at the bank’s headquarters in Washington DC, said between 2011 and this year, 700 million people became account holders at banks and other financial institutions.

He said the development reduced the number of “unbanked” individuals by 20 per cent to two billion adults.

Source: 360NOBS

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