Global

How EM retail financial services are changing and the key growth drivers

  • Fintechs are growing the pie by tackling financial exclusion, notably for business/property loans and general insurance

  • Traditional financial institutions will grow their share of mutual fund/equity investments but lose in card payments

  • Informal channels will grow in life/health insurance but be replaced by electronic money for current accounts

Contributors
May 20th, 2022
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