Financial Inclusion in Sri Lanka: Current Status and Issues

Ganga Tilakaratna ()
Additional contact information
Ganga Tilakaratna: Institute of Policy Studies

Chapter 6 in Financial Inclusion in Asia, 2016, pp 187-208 from Palgrave Macmillan

Abstract: Abstract Financial inclusion has been increasingly recognized as an important tool for alleviating poverty, improving household welfare, and promoting business activities. Yet, nearly 40 % of the adults (15 years and above) in the world do not have an account in a financial institution (World Bank 2015). In Sri Lanka, currently supports a large number of financial institutions (FIs), both formal and semiformal, providing a range of different financial services such as loans, savings, leasing and finance, and pawning facilities to its population. There is also evidence of high access to and use of financial services across income groups.

Keywords: Financial Institution; Financial Service; Saving Account; Financial Inclusion; Bank Branch (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:psifcp:978-1-137-58337-6_6

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137583376

DOI: 10.1057/978-1-137-58337-6_6

Access Statistics for this chapter

More chapters in Palgrave Studies in Impact Finance from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().