Agent Banking in a Highly Under-Developed Financial Sector : Evidence from the Democratic Republic of Congo

The paper provides evidence on the number and volume of financial transactions undertaken by agents (local businesses that double as more convenient, lower cost alternatives to formal branches) of the largest microfinance institution operating in t...

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Main Authors:	Cull, Robert, Gine, Xavier, Harten, Sven, Rusu, Anca Bogdana
Format:	Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2017
Subjects:	microfinance agent banking financial inclusion financial institutions non-bank financial institutions liquidity management
Online Access:	http://documents.worldbank.org/curated/en/722441488208513171/Agent-banking-in-a-highly-under-developed-financial-sector-evidence-from-the-Democratic-Republic-of-Congo http://hdl.handle.net/10986/26182

id	okr-10986-26182
recordtype	oai_dc
spelling	okr-10986-261822021-06-08T14:42:47Z Agent Banking in a Highly Under-Developed Financial Sector : Evidence from the Democratic Republic of Congo Cull, Robert Gine, Xavier Harten, Sven Rusu, Anca Bogdana microfinance agent banking financial inclusion financial institutions non-bank financial institutions liquidity management The paper provides evidence on the number and volume of financial transactions undertaken by agents (local businesses that double as more convenient, lower cost alternatives to formal branches) of the largest microfinance institution operating in the Democratic Republic of Congo. More important than agents’ personal characteristics, transactions are higher in low-income, densely populated areas with high levels of commercial development. This finding suggests that the agent network has been best at supporting financial transactions among the urban poor. In addition, branding and effective liquidity management are strongly linked to agent activity. 2017-03-01T21:39:21Z 2017-03-01T21:39:21Z 2017-02 Working Paper http://documents.worldbank.org/curated/en/722441488208513171/Agent-banking-in-a-highly-under-developed-financial-sector-evidence-from-the-Democratic-Republic-of-Congo http://hdl.handle.net/10986/26182 English en_US Policy Research Working Paper;No. 7984 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper Africa Congo, Democratic Republic of
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	microfinance agent banking financial inclusion financial institutions non-bank financial institutions liquidity management
spellingShingle	microfinance agent banking financial inclusion financial institutions non-bank financial institutions liquidity management Cull, Robert Gine, Xavier Harten, Sven Rusu, Anca Bogdana Agent Banking in a Highly Under-Developed Financial Sector : Evidence from the Democratic Republic of Congo
geographic_facet	Africa Congo, Democratic Republic of
relation	Policy Research Working Paper;No. 7984
description	The paper provides evidence on the number and volume of financial transactions undertaken by agents (local businesses that double as more convenient, lower cost alternatives to formal branches) of the largest microfinance institution operating in the Democratic Republic of Congo. More important than agents’ personal characteristics, transactions are higher in low-income, densely populated areas with high levels of commercial development. This finding suggests that the agent network has been best at supporting financial transactions among the urban poor. In addition, branding and effective liquidity management are strongly linked to agent activity.
format	Working Paper
author	Cull, Robert Gine, Xavier Harten, Sven Rusu, Anca Bogdana
author_facet	Cull, Robert Gine, Xavier Harten, Sven Rusu, Anca Bogdana
author_sort	Cull, Robert
title	Agent Banking in a Highly Under-Developed Financial Sector : Evidence from the Democratic Republic of Congo
title_short	Agent Banking in a Highly Under-Developed Financial Sector : Evidence from the Democratic Republic of Congo
title_full	Agent Banking in a Highly Under-Developed Financial Sector : Evidence from the Democratic Republic of Congo
title_fullStr	Agent Banking in a Highly Under-Developed Financial Sector : Evidence from the Democratic Republic of Congo
title_full_unstemmed	Agent Banking in a Highly Under-Developed Financial Sector : Evidence from the Democratic Republic of Congo
title_sort	agent banking in a highly under-developed financial sector : evidence from the democratic republic of congo
publisher	World Bank, Washington, DC
publishDate	2017
url	http://documents.worldbank.org/curated/en/722441488208513171/Agent-banking-in-a-highly-under-developed-financial-sector-evidence-from-the-Democratic-Republic-of-Congo http://hdl.handle.net/10986/26182
_version_	1764461080902369280

Agent Banking in a Highly Under-Developed Financial Sector : Evidence from the Democratic Republic of Congo

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