This paper examines whether high levels of financial inclusion is associated with greater financial risk. The findings reveal that higher account ownership is associated with greater financial risk through high nonperforming loan and high cost inefficiency in the financial sector of developed...

This paper provides an analysis of financial development and inclusion in developing Asia using data from a wide array of sources. We show that in terms of aggregate measures of financial development, the region as a whole has superior banking sector depth compared to other developing regions;...

The access to finance by the poor is a prerequisite for poverty reduction and sustainable economic development of a country. The importance of financial inclusion arises from the problem of financial exclusion of nearly 3 billion people who are away from the formal financial services across the...