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According to the World Bank’s Global Findex, since 2014, the share of adults with a bank or mobile-money account has risen from 62 to 69 percent. However, the gap between men and women globally has stayed the same, at 7 percent.
This gap is considerably larger in some countries. For example, in Bangladesh, 65 percent of men and only 36 percent of women have an account. Financial inclusion can empower the poor.
If women and men aren’t included equally, however, inequality will grow instead of shrink, and countries will fall short of their economic potential.
