Bank Accounts Rare in Cambodia, Even for Rich
Despite an expanding financial sector, increasing access to credit and strong economic growth in recent years, fewer than 1 in 20 Cambodians has a bank account, according to a new policy working paper by the World Bank. According to the paper – released earlier this month and based on questions added in 2011 to the Gallup World Poll, which surveyed at least 1,000 people in each of 148 countries – the low number of people covered by the banking sector is a barrier to Cambodia’s economic progress. …
http://www.cambodiadaily.com/business/bank-accounts-rare-in-cambodia-even-for-rich-6957/
