Postal savings banks have a better record than other financial institutions when it comes to giving women access to financial services. But even more could be done if countries expanded the use of postal savings banks, especially if postal authorities were to actively focus on services attractive to women.

Studies have shown that household wealth and income increase when women have more access to financial services such as bank accounts. Research has also shown that increasing the ability of women to generate, save, and control income can improve child nutrition and schooling outcomes.

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About the author

Smriti Rao is an associate professor of economics and global studies at Assumption College in the United States.

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