Deploying Mobile and Branchless Banking in Bhutan

Event:

Deploying Mobile and Branchless Banking in Bhutan

01 July 2016

Author / Speaker:

Cigdem Akin, ADB - Email the author | Other materials by the author

Olivier Serrat, ADB - Email the author | Other materials by the author

An ADB project is helping Bhutan promote financial literacy and strengthen financial inclusion by supporting mobile and branchless banking.

In line with the government's priority under the Eleventh Five-Year Plan (2013–2018) to improve the business climate for the private sector, the Strengthening Economic Management Program II (SEMP II) identified the possibility of high impact mobile and branchless banking that extends the reach of financial services to remote areas.

To strengthen financial inclusion, SEMP II pushes for a financial literacy program to create awareness of access to formal financial services in Bhutan and promote a culture of savings and responsible personal financial management.

Geographical Focus:

Bhutan

Type of Content:

Project Stories

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