PRELIMINARY PROJECT IN FINANCIAL MARKETS
FINANCIAL INTERMEDIATION OF
REAL ECONOMY INVESTMENT
FINANCIAL SYSTEM INCLUSION
⦿ 80% of Indian adults (age 15+) have a bank account.
⦿ Some of the major commercial banks in India that were given
INDIA
licenses are ICICI Bank, HDFC Bank, Axis Bank, Yes Bank, and
Kotak Mahindra Bank.
The Indian banking system consists of 12 public sector banks, 22
private sector banks, 46 foreign banks, 56 regional rural banks,
1485 urban cooperative banks and 96,000 rural cooperative banks
in addition to cooperative credit institutions as of September 2021,
Mobile cellular subscriptions (per 100 people) – 87.32
⦿
⦿
⦿ 98% of Singaporeans aged 25 and above own a bank account.
⦿ Majors banks in Singapore includes Development Bank Of
SINGAPORE
Singapore (DBS), Overseas-Chinese Banking Corporation (OCBC),
United Overseas Bank (UOB) and Standard Chartered. Citibank.
Today there are as many as 117 foreign banks and 6 local
banks that dominate the banking scene. There are 111
commercial banks, 49 merchant banks, and 45 banks with
representative offices operate in Singapore.
Mobile cellular subscriptions (per 100 people) – 146.84
⦿
⦿
INTERMEDIATION OF BUSINESS INVESTMENT
⦿ Financial literacy – 24%
⦿ Agent banking (business correspondent)
⦿ Commercial bank branches (per 100,000
adults) – 14.51
⦿ Offer long-term loans
⦿ Financial literacy – 59%
⦿ Commercial bank branches (per 100,000
adults) – 8.22
⦿ Quick business setup
⦿ Corporate and household balance sheet
remained healthy
References for Financial System Inclusion:
https://www.google.com/amp/s/factly.in/rbi-report-indias-financial-inclusion-index-is-53-9-by-the-end-of-march-2021/amp/
https://www.ibef.org/industry/bankingindia.aspx#:~:text=The%20Indian%20banking%20system%20consists,ATMs%20in%20India%20reached%20213%2C145.
https://sbr.com.sg/financial-services/news/chart-day-98-singaporeans-have-bank-account
https://sgbanks.com/branches
https://data.worldbank.org/indicator/IT.CEL.SETS.P2?locations=IN
https://data.worldbank.org/indicator/IT.CEL.SETS.P2?locations=SG
References for Intermediation of Business Investment:
https://gflec.org/wp-content/uploads/2016/02/Gallup-country-list-with-score.pdf
https://www.centerforfinancialinclusion.org/how-successful-are-banking-agents-in-bringing-digital-financial-services-to-newcustomers-in-india
https://www.microsave.net/wp-content/uploads/2020/05/Agent-networks-Ideas-and-lessons-from-India.pdf
https://data.worldbank.org/indicator/FB.CBK.BRCH.P5?locations=SG
https://www.edb.gov.sg/en/why-singapore/business-friendly-environment.html
SUBMITTED BY:
CARIÑO, ARIANE
DESATE, PATRICIA S.
JALATA, JAMAECA
SUBMITTED TO:
MR. JEREMY PAUL GECOLEA