Bangladesh

While the majority of women have no access to a financial account in Bangladesh, a small percentage still make use of informal loans and prove that credit services are needed.

Gap in Financial
Account Ownership
(%)

The share of women who own a financial account increased from 2011 (26%) to 2017 (34%). The share of men who own a financial account in 2017 was 39%, resulting in a 5% gender gap.

Financial Account
Active (%)

Borrowing Activity (%)
There is a large gender gap for active financial account users in 2017, with 14% more active financial accounts for men than women. In this quintile, the share of active financial account holders is lower than the overall population, with 9% of women actively using a financial account. The majority of this 9% use informal loans, while 1% use formal loans.

Financial Account
Inactive (%)

Borrowing Activity (%)
In 2017, 25% of women in this income quintile have access to a financial account, but did not report using it within the last 12 months. Overall, 20% report not having accessed informal or formal loans, proving further indication of low use of financial services.

No Financial Account
(%)

Borrowing Activity (%)
In 2017, 66% of women in this income quintile remain without access to a financial account. However, 13% of these women have made use of informal loans in the preceding 12 months indicating a need for credit services.

Gap in Mobile
Phone Ownership
(%)

There is a large gender gap of 38% between men and women when it comes to mobile phone ownership in this income quintile in 2017. 88% men own a mobile phone compared to 50% of women.

Total
Population
(MM)

The Bangladesh population has slowly increased since 2011, with a total of 160MM in 2017. 49% of the population are women, 51% are men.

Gap in Financial
Account Ownership
(%)

Bangladesh experienced a trend reversal since 2014 – the share of women with a financial account increased from 25% in 2014 to 32% in 2017. During the same time period the share of men with access to a financial account increased to 50%.

Financial Account
Active (%)

Borrowing Activity (%)
The share of women who are actively using their account fluctuated from 2011 to 2017, resulting in a small decrease from 17% in 2014 to 16% in 2017, while remaining above the 2014 starting point.

Financial Account
Inactive (%)

Borrowing Activity (%)
In 2017, 16% of women in the general population have access to a financial account, but did not report using it within the last 12 months. 12% report not having accessed informal or formal loans.

No Financial Account
(%)

Borrowing Activity (%)
In 2017, 68% of women in the general population do not have access to financial account, and 13% of these women made use of informal loans during the preceding 12 months. 53% have not accessed formal or informal loans.

Gap in Mobile
Phone Ownership
(%)

There is a large gender gap of 25% between men and women when it comes to mobile phone ownership.

Gap in Mobile
Account Usage
(%)

Mobile account usage has reached 32% of men and 10% of women in 2017, resulting in the 22% gender gap between men and women.