Banking Services for Everyone? Barriers to Bank Access and Use around the World

Information from 209 banks in 62 countries is used to develop new indicators of barriers to banking services around the world, show their correlation with measures of outreach, and explore their association with bank and country characteristics suggested by theory as potential determinants. Barriers...

Full description

Bibliographic Details
Main Authors:	Beck, Thorsten, Demirgüç-Kunt, Asli, Martinez Peria, Maria Soledad
Format:	Journal Article
Published:	World Bank 2012
Subjects:	bank access banking services banks credit information credit information systems creditor enforcement mechanisms financial depth loan outreach
Online Access:	http://hdl.handle.net/10986/4486

id	okr-10986-4486
recordtype	oai_dc
spelling	okr-10986-44862021-04-23T14:02:18Z Banking Services for Everyone? Barriers to Bank Access and Use around the World Beck, Thorsten Demirgüç-Kunt, Asli Martinez Peria, Maria Soledad bank access banking services banks credit information credit information systems creditor enforcement mechanisms financial depth loan outreach Information from 209 banks in 62 countries is used to develop new indicators of barriers to banking services around the world, show their correlation with measures of outreach, and explore their association with bank and country characteristics suggested by theory as potential determinants. Barriers such as minimum account and loan balances, account fees, and required documents are associated with lower levels of banking outreach. While country characteristics linked with financial depth, such as the effectiveness of creditor rights, contract enforcement mechanisms, and credit information systems, are weakly correlated with barriers, strong associations are found between barriers and measures of restrictions on bank activities and entry, bank disclosure practices and media freedom, and development of physical infrastructure. In particular, barriers are higher in countries where there are more stringent restrictions on bank activities and entry, less disclosure and media freedom, and poorly developed physical infrastructure. Also, barriers for bank customers are higher where banking systems are predominantly government-owned and are lower where there is more foreign bank participation. Larger banks seem to impose lower barriers on customers, perhaps because they are better positioned to exploit economies of scale and scope. 2012-03-30T07:12:37Z 2012-03-30T07:12:37Z 2008-12-01 Journal Article World Bank Economic Review 1564-698X http://hdl.handle.net/10986/4486 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank World Bank Journal Article India Bolivia Albania Sierra Leone Cuba
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
topic	bank access banking services banks credit information credit information systems creditor enforcement mechanisms financial depth loan outreach
spellingShingle	bank access banking services banks credit information credit information systems creditor enforcement mechanisms financial depth loan outreach Beck, Thorsten Demirgüç-Kunt, Asli Martinez Peria, Maria Soledad Banking Services for Everyone? Barriers to Bank Access and Use around the World
geographic_facet	India Bolivia Albania Sierra Leone Cuba
description	Information from 209 banks in 62 countries is used to develop new indicators of barriers to banking services around the world, show their correlation with measures of outreach, and explore their association with bank and country characteristics suggested by theory as potential determinants. Barriers such as minimum account and loan balances, account fees, and required documents are associated with lower levels of banking outreach. While country characteristics linked with financial depth, such as the effectiveness of creditor rights, contract enforcement mechanisms, and credit information systems, are weakly correlated with barriers, strong associations are found between barriers and measures of restrictions on bank activities and entry, bank disclosure practices and media freedom, and development of physical infrastructure. In particular, barriers are higher in countries where there are more stringent restrictions on bank activities and entry, less disclosure and media freedom, and poorly developed physical infrastructure. Also, barriers for bank customers are higher where banking systems are predominantly government-owned and are lower where there is more foreign bank participation. Larger banks seem to impose lower barriers on customers, perhaps because they are better positioned to exploit economies of scale and scope.
format	Journal Article
author	Beck, Thorsten Demirgüç-Kunt, Asli Martinez Peria, Maria Soledad
author_facet	Beck, Thorsten Demirgüç-Kunt, Asli Martinez Peria, Maria Soledad
author_sort	Beck, Thorsten
title	Banking Services for Everyone? Barriers to Bank Access and Use around the World
title_short	Banking Services for Everyone? Barriers to Bank Access and Use around the World
title_full	Banking Services for Everyone? Barriers to Bank Access and Use around the World
title_fullStr	Banking Services for Everyone? Barriers to Bank Access and Use around the World
title_full_unstemmed	Banking Services for Everyone? Barriers to Bank Access and Use around the World
title_sort	banking services for everyone? barriers to bank access and use around the world
publisher	World Bank
publishDate	2012
url	http://hdl.handle.net/10986/4486
_version_	1764391572548354048

Banking Services for Everyone? Barriers to Bank Access and Use around the World

Similar Items