Roughly 75% of World’s Poor, 2.5 Billion People, Are Underbanked

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7:41 AM EDT April 20th, 2012

Roughly 75% of the world’s poorest inhabitants — or 2.5 billion people — do not have a bank account, says a new report from the World Bank.

The report, backed by research from Gallup, says the proliferation of mobile phones is helping to reduce this problem worldwide.

Read the full story here.

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