Nepal Rastra Bank together with UNCDF Releases Survey Results on Financial Inclusion in Nepal

14 Aug 2015

Nepal Rastra Bank, the United Nations Capital Development Fund (UNCDF) and the United Nations Development Programme (UNDP) jointly launched the findings from the demand side survey on financial inclusion.

Conducted in late 2014, the survey was a 4,014 sample of the adult population in Nepal, aged 18 years and above, across 70 districts covering the terrain, hills and mountain ecological terrains. The survey was designed using the globally recognized FinScope methodology by FinMark Trust, and implemented by the Interdisciplinary Analysts (IDA) Nepal.

The key findings of the survey reveal 61% percent of Nepalese adults are formally financially included. The survey findings show that men have higher levels of banking and are more financially included compared to women in Nepal, as well as higher levels of education as well as personal monthly income.

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South Asia