Blog

4th October 2021

Industry Voice: Financial inclusion – an economic opportunity for all

Financial inclusion is commonly defined as ‘access to and use of formal financial services’. Despite considerable progress on reducing absolute global poverty over the last 20 years, worldwide, billions of people remain unbanked, uninsured and without assets or savings. We explore why financial inclusion should be an essential part of ‘building back better’, not just as a moral imperative, but as a significant economic opportunity which offers real benefits for society as a whole.