Agent Banking: An Agent of Financial Inclusion in Bangladesh

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Ummay Salma Khanam
Ummay Salma Khanam
α University of Chittagong University of Chittagong

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Agent Banking: An Agent of Financial Inclusion in Bangladesh

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Abstract

This research has been undertaken to explore the idea of agent banking as a mean of financial inclusion to serve the unbanked population expediently. Financial inclusion means bringing the unbanked populace within the formal financial net. This paper is concerned about agent banking initiatives towards financial inclusion as a cheaper alternative. This paper also investigates the significance and competence of agent banking in accessing the lower income people en route for financial inclusion. Based on the secondary sources, this paper reveals the way of opening up new opportunities for banking the unbanked or otherwise. The study concluded that by bringing the channel closer to the client agent banking can give banks more flexibility to distribute financial products and convenient access to formal financial net of a wide range of un-banked and under-banked populace and also reach potential customers which ensure the effective financial inclusion.

References

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Ummay Salma Khanam. 2026. \u201cAgent Banking: An Agent of Financial Inclusion in Bangladesh\u201d. Global Journal of Management and Business Research - B: Economic & Commerce GJMBR-B Volume 22 (GJMBR Volume 22 Issue B6): .

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Alt text: Academic research on financial inclusion, banking trends, and agent banking in Bangladesh.
Issue Cover
GJMBR Volume 22 Issue B6
Pg. 81- 92
Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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GJMBR-B Classification: DDC Code: 332 LCC Code: HG173
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v1.2

Issue date

December 17, 2022

Language
en
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This research has been undertaken to explore the idea of agent banking as a mean of financial inclusion to serve the unbanked population expediently. Financial inclusion means bringing the unbanked populace within the formal financial net. This paper is concerned about agent banking initiatives towards financial inclusion as a cheaper alternative. This paper also investigates the significance and competence of agent banking in accessing the lower income people en route for financial inclusion. Based on the secondary sources, this paper reveals the way of opening up new opportunities for banking the unbanked or otherwise. The study concluded that by bringing the channel closer to the client agent banking can give banks more flexibility to distribute financial products and convenient access to formal financial net of a wide range of un-banked and under-banked populace and also reach potential customers which ensure the effective financial inclusion.

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Agent Banking: An Agent of Financial Inclusion in Bangladesh

Ummay Salma Khanam
Ummay Salma Khanam University of Chittagong

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