Access to Financial Services in Nepal
Over the past 20 years Nepal's financial sector has become deeper and the number and type of financial intermediaries have grown rapidly. Recent reforms have also made the banking sector more stable. Still, access to financial services remain...
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| Language: | English en_US |
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Washington, DC: World Bank
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2007/01/7706817/access-financial-services-nepal http://hdl.handle.net/10986/6687 |
| Summary: | Over the past 20 years Nepal's
financial sector has become deeper and the number and type
of financial intermediaries have grown rapidly. Recent
reforms have also made the banking sector more stable.
Still, access to financial services remains limited for many
people in Nepal, and has even been declining in recent
years. This book examines the country's supply of and
demand for financial services and the constraints to
increasing access to them. It offers recommendations on how
to make the financial sector work for all of Nepal's
people, and especially for low-income households and small
businesses. It presents the results of an access to
financial services survey administered to Nepali households
in 2005 and explains what hinders access by low income
households and small businesses to financial institutions.
The obstacles are identified on the basis of an in-depth
analysis of the performance of the microfinance sector and
of selected banks. |
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