"...financial inclusion in Brazil still has a long way to go. CGAP has studied the branchless banking market in Brazil over the past few months and has written a country note. [The top points include]:
"Because Brazil is further along in financial inclusion via branchless banking than some of the other countries we work in, its challenges are a significant source of learning for those countries."
- "Brazil’s agent business is changing and it is unclear how it will evolve."
- "Cell phone-based financial services are still new to Brazil but we can expect major developments in the next couple of years that could benefit Brazil’s poor."
- "Brazil’s urban poor still do not have access to adequate financial services and branchless banking and mobile banking could help"
22 April 2011
Financial Inclusion ~ Branchless Banking in Brazil
CGAP's Kabir Kumar & Yanina Seltzer ask Meanwhile in Brazil... are we there yet?