Does financial inclusion increase financial resilience? Evidence from Bangladesh

Abstract

This study explores the impact of financial inclusion on financial resilience in Bangladesh, using World Bank data on global financial inclusions. It finds that respondents with financial accounts are more resilient than those without accounts. The chances of being financially resilient are around 1.4 times higher for account holders than their counterparts. There was also a significant relationship between gender and financial resilience; males are 1.4 times more resilient than females when other covariates are considered in the regression model.