The global banking sector saw a phenomenal rise in the number of new account holders, with 700m people opening bank accounts from 2011 to 2014, according to a findings of a new study released yesterday.
The findings came in the latest edition of the Global Findex, the world’s most comprehensive gauge of progress on financial inclusion. It said that the number of “unbanked” individuals dropped 20% to 2bn adults.
The study cited no figure for new accounts in Bangladesh, but it said 78% of account holders here are using ATM for cash out, which was well above the regional average of 56%.
The study also showed that 31% of adult in Bangladesh hold bank accounts when in India it was 53%, Sri Lanka 83%, Nepal 34%, Bhutan 34%, Myanmar 23% and Pakistan 16%.
