SME Finance Forum member Diamond Bank is helping women plan for the future with its BETA savings account. According to the article, providing access to financial services can improve a women’s earning potential, depart from poverty and reduce inequality worldwide. 

Almost one billion women around the world, don’t have access to savings, credit or insurance, according to the World Bank’s Global Findex report. 

Mobility is an issue contributing to women’s access to banking services. Diamond Bank has created flexible products and services where agents are sent directly to the marketplace, using digital tools as a substitute for conventional branch services. 

According to the article, Diamond Bank has nearly 40 percent of the 600,000 BETA savings account clients are female, compared to 25 percent of its overall customers.