In the last few weeks, I have written a couple of blogs highlighting the improvement of bank account penetration and debit card ownership across the BRIC (Brazil, Russia, India, and China) and MINTS (Mexico, Indonesia, Nigeria, Turkey and South Africa) countries using the updated Global Financial Inclusion (Global Findex) database, constructed by the World Bank from interviews with 150,000 adults (individuals above age 15) in 143 countries. Through each review we saw that both BRIC and MINTS countries had in large part exceeded the global average for financial inclusion improvement, cementing their stature as leading markets for international investment.
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