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Phrases with «unbanked population»

The phrase "unbanked population" refers to people who do not have a bank account or access to basic financial services provided by traditional banking institutions. They are not able to save money securely, make electronic payments, or access loans or credit from formal financial institutions. Full definition

Related phrases

Sentences with «unbanked population»

  • The research found that new digital innovations in banking could bring significant cost reductions for global banks, alongside increased customer satisfaction and financial inclusion for unbanked populations in emerging markets. (morganstanley.com)
  • Mauritius is luring blockchain innovators with its friendly regulatory environment and connections to countries with large unbanked populations. (coindesk.com)
  • Countries in Asia have some of the highest rates of unbanked populations in the world. (the-blockchain.com)
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