View of Zeituna Bay in the Ain al-Mreisseh district of Beirut on July 7, 2025.(Credit: Mohammad Yassin/L'Orient-Le Jour)
In its fifth edition of the Global Findex, the World Bank's global financial inclusion indicator, the organization praises the progress made since 2021, the year of the previous report.It states that "ownership of financial accounts has increased globally by five percentage points between 2021 and 2024 and by six percentage points in low- and middle-income economies, where 75 percent of adults now have an account."Published in 2025 and based on 2024 figures, this report shows that in Lebanon, only 23 percent of adults have an account with a bank, a financial institution or a mobile money provider, compared to 21 percent in 2021. From our archives Youssef Fawaz: ‘The crises have underlined that there is an even more pressing need for greater financial inclusion’ With such a low level, Lebanon ranks last among...
In its fifth edition of the Global Findex, the World Bank's global financial inclusion indicator, the organization praises the progress made since 2021, the year of the previous report.It states that "ownership of financial accounts has increased globally by five percentage points between 2021 and 2024 and by six percentage points in low- and middle-income economies, where 75 percent of adults now have an account."Published in 2025 and based on 2024 figures, this report shows that in Lebanon, only 23 percent of adults have an account with a bank, a financial institution or a mobile money provider, compared to 21 percent in 2021. From our archives Youssef Fawaz: ‘The crises have underlined that there is an even more pressing need for greater financial inclusion’ With such a low level, Lebanon ranks last among...
'American sponsorship is a guarantee,' says Lebanese-American coordination committee