EXPLAINER

Busting the 10 Myths on Financial Inclusion

Myth No. 1

Being the most dynamic region in the world, Asia has the least number of people who are financially excluded or unbanked.

Fact

There are 2 billion adults globally who do not have access to formal financial services, representing a third of the global population. Of these, about 1 billion live in Asia.*

The Financially Excluded


* The Global Findex Database 2014 Measuring Financial Inclusion around the World.





Disclaimer

The views expressed in these articles are those of the authors and do not necessarily reflect the views of the Asian Development Bank, its management, its Board of Directors, or its members.




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