Financial Inclusion in Developing Countries

Cep Jandi Anwar （ University of Sultan Ageng Tirtayasa ）

Maisya Fitri （ University of Sultan Ageng Tirtayasa ）

Deswita Herlina （ University of Sultan Ageng Tirtayasa ）

Indra Suhendra （ University of Sultan Ageng Tirtayasa ）

https://doi.org/10.37155/2972-4813-gep0204-1 

Abstract

Financial inclusion has emerged as a priority, for developing nations with the goal of improving the well-being of communities through ensuring availability of formal financial services and institutions that are customized to meet the requirements and capabilities of local residents. This research delves into the analysis of financial inclusion patterns in 41 developing countries spanning from 2010 to 2023. Pinpoints factors contributing to enhanced financial access. Through an exploration of trends and hurdles faced in this area this study underscores the significance of systems, in driving economic advancement alleviating poverty and nurturing socio-economic equilibrium. The study highlights the importance of implementing policies that promote knowledge and literacy while fostering advancements and establishing regulatory frameworks to enhance financial inclusion.

Keywords

Financial inclusion; Developing countries

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Copyright © 2024 Cep Jandi Anwar, Maisya Fitri, Deswita Herlina, Indra Suhendra Publishing time:2024-12-23
This work is licensed under a Creative Commons Attribution 4.0 International License