McKinsey & Company

McKinsey on Society

Global financial inclusion

Achieving full financial inclusion at the intersection of social benefit and economic sustainability.

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This volume draws on our work to overcome the barriers to full financial inclusion across a range of industries and disciplines— including financial services, telecommunications, consumer marketing, logistics, philanthropy, and economic development.

The four articles in this compendium share some of the lessons we have learned in our related work with organizations around the world:

  • From millions to billions: Achieving full financial inclusion
    The goal of financial inclusion appears to be within reach. But achieving it depends on scaling up innovation from across the private, public, and social sectors.
  • Banking where you shop: Correspondent banking’s contribution to financial inclusion
    Correspondent strategies enable organizations to deliver financial services to unbanked populations through low-cost physical outlets—without building new branches.
  • Banking on mobile to deliver financial services to the poor
    Widespread use of mobile phones in emerging markets has created the conditions for large-scale expansion of mobile financial services, which will enable organizations to dramatically increase financial inclusion.
  • Addressing the middle-management challenge: A conversation with four leaders in financial inclusion
    Four leaders of cutting- edge institutions discuss what it takes to develop and maintain strong middle managers to support the delivery of financial services to the unbanked.

Read this compendium (PDF—5.8 MB)

> Read more about Micro-, small and medium-sized enterprises in emerging markets

Other related reports:

The business of empowering women
Half the world is unbanked
Creating change at scale through public-private partnerships

 

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