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Rapid economic growth in Asia has gone hand in hand with increased savings. Yet, many people remain unbanked and savings are often invested abroad. If Asia is to continue to grow, governments must explore ways to better mobilize domestic finance and increase financial access. One way is through postal savings. This book (i) explains the benefits of postal savings, (ii) presents strategies ranging from a simple model of postal savings to full-fledged banking services, (iii) assesses national regulations, (iv) studies the challenges and opportunities arising from new technologies such as fintech, and (v) recommends ways to promote postal savings in developing Asia. technologies such as fintech, and (v) recommends ways to promote postal savings in developing Asia.
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Postal Savings Banks and an Analysis Showing Its Influence on Treasury Finances on Government Bonds and on Securities Available as Collateral for the Deposit of Postal Savings Funds with Banks offers an insightful analysis of the effects of postal savings banks on government finances and securities. This book is essential for anyone interested in banking and the impact of financial institutions on the economy. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Excerpt from Postal Savings: An Historical and Critical Study of the Postal Savings Bank System of the United States The financial uncertainties growing out of the European War, the widespread thrift campaign which has been undertaken under the pressure of war conditions, and the resulting great increase in the public's patronage of the postal savings banks have given rise to an unusual public interest in om American postal savings system. This unusual public interest and the fact that there exists nowhere a comprehensive account of the development and present day workings of our American postal savings system furnish the excuse for this volume. The material here presented is to a substantia...
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