RAM Colloquium with Andra Sonea
- RAM Colloquium
Title: Measuring access to banking in the UK
Time and venue: Friday, 29 October 2021, 11 am CET, 10 am BST, 5 pm Hong Kong Time; online event
Registration via: https://forms.gle/AwdFQuNG2FbQ9LhJ7
The Zoom link will be shared with all registered participants closer to the event.
While the adoption of digital banking increases at very fast pace, the physical points of access to banking services disappear even faster. As there is no common policy, regulator, or method for measuring access to banking there is a risk that some communities remain without access to these essential services. The financial exclusion due to geographical barriers is a relatively new problem in the Western world. In this talk, Andra Sonea will present her recent research on measuring access to basic banking services through the post office network in Wales, and generally to banking across the UK. It is shown that some regions are systematically unbanked and that the official access criteria are largely unmet in Wales.