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    info@miteribank.com.np
  • Today is Oct,19,2020 10:14:08 AM
  • Miteri Development Bank
    Head Office Mahendrapath, Dharan-12

Saving Service

Saving Service

The potential benefits of a formal savings account are manifold and include improved ability to cope with shocks, asset accumulation and capacity to plan for the future. There has been promising though limited evidence to date on the benefits of access to savings accounts for the poor. Additionally, such studies have thus far focused on specific subsets of the population such as entrepreneurs or, for commitment savings studies, existing clients of a bank or microfinance institution. The current literature lacks studies that consider how generally poor households’ behavior changes when offered access to financial markets through a savings account.