Measuring Financial Access around the World

Kendall, Jake; Mylenko, Nataliya; Ponce, Alejandro

Measuring Financial Access around the World

2010

Kendall, Jake | Mylenko, Nataliya | Ponce, Alejandro

This paper introduces a new set of financial access indicators for 139 countries across the globe and describes the results of a preliminary analysis of this data set. The new data set builds on previous work using a similar methodology. The new data set features broader country coverage and greater disaggregation by type of financial product and by type of institution supplying the product -- commercial banks, specialized state run savings and development banks, banks with mutual ownership structure (such as cooperatives), and microfinance institutions. The authors use the data set to conduct a rough estimation of the number of bank accounts in the world (6.2 billion) as well as the number of banked and unbanked individuals. In developed countries, they estimate 3.2 accounts per adult and 81 percent of adults banked. By contrast, in developing countries, they estimate only 0.9 accounts per adult and 28 percent banked. In regression analysis, they find that measures of development and physical infrastructure are positively associated with the indicators of deposit account, loan, and branch penetration.

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AGROVOC Keywords

balance sheets bank loans commercial banks consumer protection cooperative banks cooperatives developing countries development banks economic conditions economic development economic policies employment financial institutions households income income distribution inflation information infrastructure international bank jurisdiction legal system market competition microcredit microfinance migration outreach profitability repayment risk management savings savings banks transaction costs transport

Bibliographic information

Other Subjects

Savings rate; Consumer loan; Deposit insurance; Transportation infrastructure; Rural banks; Micro-lending; Offshore centers; Savings accounts; Financial reforms; Retail banking; Public funds; Banking sector outreach; Access to finance; Regulatory barrier; Creditor; Securities; Banking services; Contract enforcement; Minimum balance; Bank access; Nominal interest rate; Domestic credit; Checking account; Data availability; Formal savings; Universal banks; Ownership structure; Income statements; Financial development; Microfinance institution; Deposit; Bank accounts; Bank markets; Return; Collateral; Outstanding loans; Financial studies; Commercial banking; Holding; Bank branch; Country to country; Debit cards; Financial products; Access points; Business activity; Fungible; Poor access; Individuals with bank accounts; Credit information; Micro-entrepreneur; Loan application; Development bank; Bank policy; Formal financial institutions; Postal banks; Double bottom line; Legal systems; Private sector development; Lenders; Types of instruments; Payment systems; Account holder; Economic stability; Microfinance institutions; Retail financial institutions; Ministries of finance; Time deposit; Credit union; Wealth effect; Group lending; Income inequality; Financial system; National savings; Macroeconomic management; Branch density; Moral hazard; Individual accounts; Bank deposit; Financial access; Government banks; Eastern caribbean central bank; Loan; Settlement; Financial infrastructure; Regulatory reports; Commercial bank loans; Access to credit; Private funds; Customer base; Factoring; Account management; Credit markets; Bank account; Branch banking; Credit unions; Formal financial services; Financial outreach; Consumer credit; Developing country; Loan products; Supervisory agency; Mfi; Credit access; Social banking; Bank supervision; Commercial bank branches; Deposit service; Individual loans; Household debt; Political economy; Enterprise credit; Mandates; Creditor right; Transparency; Micro-enterprise development; Equal opportunities; Regulatory authorities; Macroeconomic stability; Central banks; Deposit money banks; Financial product; Deposit insurance schemes; Loans to individuals; Financial regulators; Checks; Market size; Inequality; Financial instruments; Deposit account; Bank regulation; Financial regulator; Financial access indicators; Physical access; Deposit services; Commercial bank; Tax; Consumer loans; Access to financial services; Supply of credit; Private credit; Financial exclusion; Government accounts; Financial intermediation; Deposit taking institutions; Financial penetration; Financial service; Political stability; Borrowing; Banking sector; Savings services; Regulatory policies; Regulatory framework; Modern financial systems; Micro-enterprise; Account ownership; Bank governor; Portfolios; Settlement systems; Post offices; Tax incentives; Supervisory agencies; Account holders; Mfis; Credit market; Government savings; Finance companies; Agriculture banks; Transaction; Creditor rights; Average balance; Deposits; Deposit accounts; Bank branches; Financial service providers; Dummy variable; Financial systems; Amount of loans; Education spending; Business loans; Offshore financial centers

License

Policy Research working paper ; no. WPS 5253http://creativecommons.org/licenses/by/3.0/us/World BankCreative Commons Attribution CC BY 3.0

Source

Policy Research working paper ; no. WPS 5253

In AGRIS since: 2014-09-15

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Links

http://hdl.handle.net/10986/3741

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