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Banking on Women – Financing the Future for Economic Growth
Women around the globe have less access to formal financial institutions as compared to men and are less likely to have a bank account. In addition the credit gap for women-owned businesses is estimated at $300 billion globally. According to the World Bank, which aims for universal financial access by 2020, most of the two billion people worldwide who lack a bank account are women.
At this breakfast gathering, you’ll hear from notable experts on ways to disrupt this trend and improve women’s access to finance globally,
Financial inclusion of women increases household income, but also has a ripple effect for greater social benefits. Higher female earnings translate into higher investments in children’s education, health and nutrition; and when more women work, national economies grow.