Access to formal financial services is essential for individuals and households to manage their lives and build their futures. Positive correlation has also been found between increased financial inclusion and lower inequalities, showing that financial inclusion promotes pro-poor growth. As a means to broader development goals, financial inclusion is critical for Bangladesh and other developing countries. Access to finance cannot be the privilege of few, but should be available to all and can be a means to reduce inequalities, particularly for the most vulnerable, including those living in rural areas, and among women and youth.
