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Promoting dialogue on development in South Asia

 

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Banking agents are

Banking agents are potentially able to provide financial services in rural and remote areas and do it quite effectively. Agents allow banks or microfinance institutions to increase the coverage of clients at no additional costs to create a new bank. Since the establishment of a network of bank agents does not require high initial and operational cost, the savings can be used for the benefit of customers by providing to poor people access to high quality and affordable banking services.

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