THE ROLE OF FINANCIAL INCLUSION IN ATTRACTING SENIORS TO DEAL WITH BANKS

Financial inclusion is the provision of financial services to individuals with the best quality, lowest cost, and highest possible protection, or it is the circumstance in which individuals can obtain various financial services of high quality and lowest price, in addition to the appropriate method of dealing with individuals and preserving their dignity. This research focused on a significant segment of society: older people from 50 to 70 years old. What are the financial and banking services that they use, and what is the role of banks in attracting them to use their services and not resort to informal channels? The most critical factor in raising financial inclusion is increasing the percentage of the population dealing with banks, and the elderly segment is not a negligible percentage.

Authors

Publication Details

Journal
The American Journal of Management and Economics Innovations
Published
2024-08-01
DOI
https://doi.org/10.37547/tajmei/volume06issue08-04
Primary Topic
Microfinance and Financial Inclusion
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

THE ROLE OF FINANCIAL INCLUSION IN ATTRACTING SENIORS TO DEAL WITH BANKS

Ameer Ahmed Naser Al-shlah
The American Journal of Management and Economics Innovations
Microfinance and Financial Inclusion
article

THE ROLE OF FINANCIAL INCLUSION IN ATTRACTING SENIORS TO DEAL WITH BANKS

Ameer Ahmed Naser Al-shlah
article en

Abstract

Financial inclusion is the provision of financial services to individuals with the best quality, lowest cost, and highest possible protection, or it is the circumstance in which individuals can obtain various financial services of high quality and lowest price, in addition to the appropriate method of dealing with individuals and preserving their dignity. This research focused on a significant segment of society: older people from 50 to 70 years old. What are the financial and banking services that they use, and what is the role of banks in attracting them to use their services and not resort to informal channels? The most critical factor in raising financial inclusion is increasing the percentage of the population dealing with banks, and the elderly segment is not a negligible percentage.

The American Journal of Management and Economics InnovationsVol. 6(8)
Reduced inequalities
Openalex Percentile: Top 83%
Microfinance and Financial Inclusion
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.