Women’s access to banking facilities is half that of men


Islamabad: The Asian Development Bank (ADB) has released a report on financial services in Pakistan.
The report claims that a large number of people in Pakistan are deprived of banking facilities, and more than one billion people in developing Asia are deprived of banking facilities.
According to the report issued by the ADB on financial services in Pakistan, Pakistan’s population of 241 million consists of 60 percent adults, and there are 91 million individual financial institution accounts in the country.
According to the report, a large number of the adult population does not have access to formal financial services, financial services in Pakistan are developing rapidly in 15 years, and the number of accounts in financial institutions has increased by 127 percent from 2019 to 2024.
The ADB report stated that financial exclusion affects women more than men. Women’s access to banking facilities is half that of men.
The report said that a large number of people in Pakistan are also deprived of banking facilities. Only 21 percent of people in Pakistan have access to a bank account or mobile money, and many people rely on informal networks for financial transactions.
The Asian Development Bank also said in the report that digital finance provides a great opportunity to fill this gap. Digital finance enables faster, safer, and more accessible transactions.

Asian Junior Squash Championship: 5 Pakistani players qualify for semi-finals
- 4 گھنٹے قبل

Drugs seized from female passenger at Islamabad Airport
- 7 گھنٹے قبل

Railways increases fares second time in 14 days
- 7 گھنٹے قبل

Helmets mandatory for both bike riders in Islamabad
- 3 گھنٹے قبل

Ali Amin Gandapur challenges state to overthrow KP govt
- 6 گھنٹے قبل
Pakistan beat Japan to storm into Asian netball final
- 6 منٹ قبل

Famous Portuguese footballer dies in traffic accident
- 18 منٹ قبل

40 complex heart disease children treated free in Peshawar
- 5 گھنٹے قبل

Heavy rain likely in parts of Punjab, KP and Kashmir today
- 7 گھنٹے قبل

Warning: US to revoke visa, green card of new comers
- 5 گھنٹے قبل

A million kids won’t live to kindergarten because of this disastrous decision
- 8 گھنٹے قبل
Seven people missing from massive explosion at California fireworks facility
- 2 منٹ قبل