The Banker References IPA's Financial Inclusion Program
The Banker reports on growing efforts to address barriers keeping many across Asia from owning bank accounts and gaining financial literacy. The article quotes Kate Glynn-Broderick, former Associate Director of IPA's Financial Inclusion Program: “High fees can eat into a low income. In some cases, people do not understand how fees are being applied. This can be damaging for women, who often make small, frequent deposits compared with men who make larger, less frequent payments.”