Africa: Over 60 Per Cent of the Arab World Still Outside the Banking System

Africa: Over 60 Per Cent of the Arab World Still Outside the Banking System

Between 2016 and 2024, the number of Egyptians with a bank account - which experts say is essential for financial inclusion - tripled, from 17.1 million to over 51 million.

Over 60 percent of the Arab world still outside the banking system - Caribbean News Global

NEW YORK, USA – Between 2016 and 2024, the number of Egyptians with a bank account – which experts say is essential for financial inclusion – tripled, from 17.1 million to over 51 million. Even more impressively, the number of Egyptian women with an account increased by 260 per ent, though gender gaps do remain. But how you widen financial inclusion overall is a question the Arab region is currently grappling with. A new report from the UN Econo…

New UN report reveals over 60 percent Arab world still outside banking system - The Canadian Media

#Arab World# Banking World# UN report IBNS-CMEDIA: A new report from the UN Economic and Social Commission in Western Asia (UNESCWA) published on Thursday showed nearly 64 percent of adults in the 22 countries in the Arab region are still without an account – or “unbanked” – a higher number than all other regions of

New UN report shows over 60 percent Arab adults still outside banking system - Connected to India News I Singapore l UAE l UK l USA l NRI

Representational image of a banking signboard. Photo Courtesy: Pixabay A new report from the UN Economic and Social Commission in Western Asia (UNESCWA) published on Thursday showed nearly 64 percent of adults in the 22 countries in the Arab region are still without an account – or “unbanked” – a higher number than all other regions of the world and significantly higher than the 24 percent global average. Between 2016 and 2024, the number of Egy…

Between 2016 and 2024, the number of Egyptians with a bank account, which, according to experts, is essential for financial inclusion, tripled, from 17.1 million to more than 51 million. What is even more impressive, the number of Egyptian women with an account increased by 260%, although gender differences persist. But how to expand financial inclusion in general is an issue that the Arab region is currently dealing with. The United Nations Eco…

Between 2016 and 2024, the number of Egyptians with a bank account, which experts say is essential for financial inclusion, tripled, rising from 17.1 million to over 51 million. Even more impressive, the number of Egyptian women with an account increased by 260%, although gender disparities persist.