|
News Index
Next
Previous
The British Bankers’ Association has announced that the number of basic bank
accounts opened since April 2003 for consumers who were previously unbanked has
reached one million.
The second quarter of this year saw a net total (accounts opened less accounts
closed) of 127,390 post office-accessible accounts opened and 36,541 existing
accounts upgraded to fuller featured accounts.
Since the launch of Universal Banking in April 2003, a net total of 1.97 million
post office-accessible accounts have been opened and 171,571 of these upgraded.
Ian Mullen, chief executive of the BBA, explained: “We have now passed the one
million accounts milestone in our commitment to the shared goal of making
significant progress towards halving the number of adults in households without
a bank account by November 2006.
"We shall now build on this achievement in our continuing work to promote
financial inclusion.”
Source:
Getting Paid
|
