Bangladesh Bank data shows a decrease in the number of deposit accounts and the amount of money held by women in non-bank financial institutions (NBFIs) during the January-March 2024 quarter. In contrast, male individual deposit accounts and their amounts increased, reflecting growing financial activity among men. However, both male enterprise accounts and deposits fell during this period. The data also highlights significant gender disparities, with men holding a majority of the deposit accounts and values in both individual and enterprise categories. While men’s individual deposit accounts rose marginally, female individual accounts and their values declined, suggesting reduced financial engagement among women. Efforts are being made to bridge this gender gap, but challenges persist. Awareness programs are occasionally conducted to promote women’s empowerment and financial inclusion, yet the ongoing disparities indicate a need for more effective measures.
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