The Gender Gap in the Use of Financial Services in Turkey

The reach of the financial sector in Turkey is wide - as measured by account penetration, use of electronic payments, and credit card ownership - relative to both developing and high-income countries. The gender gap in Turkey for account ownership...

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Main Authors:	Klapper, Leora, Singh, Sandeep
Format:	Report
Language:	English en_US
Published:	World Bank, Washington, DC 2016
Subjects:	gender gap gender inequality financial literacy access to finance
Online Access:	http://documents.worldbank.org/curated/en/724351479283977084/The-gender-gap-in-the-use-of-financial-services http://hdl.handle.net/10986/25412

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recordtype	oai_dc
spelling	okr-10986-254122021-04-23T14:04:31Z The Gender Gap in the Use of Financial Services in Turkey Klapper, Leora Singh, Sandeep gender gap gender inequality financial literacy access to finance The reach of the financial sector in Turkey is wide - as measured by account penetration, use of electronic payments, and credit card ownership - relative to both developing and high-income countries. The gender gap in Turkey for account ownership is 49 percentage points, the highest rate among all middle-income countries. This paper discusses environmental factors that may help explain the significantly low use of financial services by women in Turkey. The authors explore reasons for the large gender gap in financial inclusion in Turkey and find that female workplace participation is an important factor in explaining financial inclusion among women. Men are more than three times as likely as women to report using an account to receive money from work and or the government. This paper is organized as follows: section one gives introduction. Section two summarizes account ownership and usage in Turkey. Section three analyzes formal and informal saving rates, section four discusses the use of formal and informal credit and the high use of store credit cards. Section five examines gender differences in enterprise financing. 2016-11-22T19:02:36Z 2016-11-22T19:02:36Z 2015-12 Report http://documents.worldbank.org/curated/en/724351479283977084/The-gender-gap-in-the-use-of-financial-services http://hdl.handle.net/10986/25412 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Economic & Sector Work :: Women in Development and Gender Study Economic & Sector Work Europe and Central Asia Turkey
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	gender gap gender inequality financial literacy access to finance
spellingShingle	gender gap gender inequality financial literacy access to finance Klapper, Leora Singh, Sandeep The Gender Gap in the Use of Financial Services in Turkey
geographic_facet	Europe and Central Asia Turkey
description	The reach of the financial sector in Turkey is wide - as measured by account penetration, use of electronic payments, and credit card ownership - relative to both developing and high-income countries. The gender gap in Turkey for account ownership is 49 percentage points, the highest rate among all middle-income countries. This paper discusses environmental factors that may help explain the significantly low use of financial services by women in Turkey. The authors explore reasons for the large gender gap in financial inclusion in Turkey and find that female workplace participation is an important factor in explaining financial inclusion among women. Men are more than three times as likely as women to report using an account to receive money from work and or the government. This paper is organized as follows: section one gives introduction. Section two summarizes account ownership and usage in Turkey. Section three analyzes formal and informal saving rates, section four discusses the use of formal and informal credit and the high use of store credit cards. Section five examines gender differences in enterprise financing.
format	Report
author	Klapper, Leora Singh, Sandeep
author_facet	Klapper, Leora Singh, Sandeep
author_sort	Klapper, Leora
title	The Gender Gap in the Use of Financial Services in Turkey
title_short	The Gender Gap in the Use of Financial Services in Turkey
title_full	The Gender Gap in the Use of Financial Services in Turkey
title_fullStr	The Gender Gap in the Use of Financial Services in Turkey
title_full_unstemmed	The Gender Gap in the Use of Financial Services in Turkey
title_sort	gender gap in the use of financial services in turkey
publisher	World Bank, Washington, DC
publishDate	2016
url	http://documents.worldbank.org/curated/en/724351479283977084/The-gender-gap-in-the-use-of-financial-services http://hdl.handle.net/10986/25412
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The Gender Gap in the Use of Financial Services in Turkey

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