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Tackling financial exclusion through the financial markets - Columbia Threadneedle Investments

A thought leadership piece around financial exclusion.

Posted on Jun 18, 2018

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This viewpoint highlights a range of facts around financial exclusion, including:

  •  More than two billion people worldwide do not have access to basic banking services
  • The United Kingdom has more than a million unbanked people
  • The “unbanked” are concentrated in a handful of countries … with India and China together accounting for 32%

It concludes that “We believe that tackling financial exclusion around the world is not just the right thing to do, it is something that will benefit economies and boost financial markets. More people entering the financial system will not only start up more businesses but also boost tax receipts". 

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