The digital finance revolution in Senegal

The digital finance revolution in Senegal

Fri, 08/18/2017 - 14:45 -- anna.ferracuti
Briefing Note
Briefing Note

The banking system continues to dominate the financial services industry in Senegal, with 25 separate banks operating in the market— compared with just 2 e-money institutions. In this member state of the Economic Community of West African States, the banking service usage rate has risen steadily since 2010, reaching around 17 % of the population by the end of 2015.

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Practice Area: 
Inclusive Finance
Document Date: 
Fri, 08/18/2017
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