Fintech, foreign bank presence and inclusive finance in Africa: Using a quantile regression approach
Africa is one of the continents with the least inclusive finance. However, with increasing use of mobile phones for financial services or financial technology (Fintech), there are improved opportunities to ‘bank the unbanked”. Also, there is a significant increase in both the presence of foreign ban...
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| Format: | Article |
| Language: | English |
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Taylor & Francis Group
2022-12-01
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| Series: | Cogent Economics & Finance |
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| Online Access: | https://www.tandfonline.com/doi/10.1080/23322039.2022.2157120 |
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| author | Khadijah Iddrisu Joshua Yindenaba Abor Kannyiri T. Banyen |
| author_facet | Khadijah Iddrisu Joshua Yindenaba Abor Kannyiri T. Banyen |
| author_sort | Khadijah Iddrisu |
| collection | DOAJ |
| description | Africa is one of the continents with the least inclusive finance. However, with increasing use of mobile phones for financial services or financial technology (Fintech), there are improved opportunities to ‘bank the unbanked”. Also, there is a significant increase in both the presence of foreign banks and Fintech usage. Hence, we examine the moderating role of foreign bank presence on the Fintech-inclusive finance nexus over the period, 2000–2018. The results show that foreign bank presence does not directly affect inclusive finance, but increases the link between Fintech and inclusive finance. We recommend that African countries need to provide the conducive environment improving the use of Fintech. |
| format | Article |
| id | doaj-art-af5c1cd4bb034e6292c23a66639149fa |
| institution | OA Journals |
| issn | 2332-2039 |
| language | English |
| publishDate | 2022-12-01 |
| publisher | Taylor & Francis Group |
| record_format | Article |
| series | Cogent Economics & Finance |
| spelling | doaj-art-af5c1cd4bb034e6292c23a66639149fa2025-08-20T02:16:46ZengTaylor & Francis GroupCogent Economics & Finance2332-20392022-12-0110110.1080/23322039.2022.2157120Fintech, foreign bank presence and inclusive finance in Africa: Using a quantile regression approachKhadijah Iddrisu0Joshua Yindenaba Abor1Kannyiri T. Banyen2Department of Finance, School of Business, Simon Diedong Dombo University of Business and Integrated Development Studies, P. O. Box 64, Wa, GhanaDepartment of Finance, University of Ghana Business School, P. O. Box LG 78, Legon, GhanaDepartment of Finance, School of Business, Simon Diedong Dombo University of Business and Integrated Development Studies, P. O. Box 64, Wa, GhanaAfrica is one of the continents with the least inclusive finance. However, with increasing use of mobile phones for financial services or financial technology (Fintech), there are improved opportunities to ‘bank the unbanked”. Also, there is a significant increase in both the presence of foreign banks and Fintech usage. Hence, we examine the moderating role of foreign bank presence on the Fintech-inclusive finance nexus over the period, 2000–2018. The results show that foreign bank presence does not directly affect inclusive finance, but increases the link between Fintech and inclusive finance. We recommend that African countries need to provide the conducive environment improving the use of Fintech.https://www.tandfonline.com/doi/10.1080/23322039.2022.2157120FintechForeign bank presenceInclusive financeQuantile regressionAfrica015 |
| spellingShingle | Khadijah Iddrisu Joshua Yindenaba Abor Kannyiri T. Banyen Fintech, foreign bank presence and inclusive finance in Africa: Using a quantile regression approach Cogent Economics & Finance Fintech Foreign bank presence Inclusive finance Quantile regression Africa 015 |
| title | Fintech, foreign bank presence and inclusive finance in Africa: Using a quantile regression approach |
| title_full | Fintech, foreign bank presence and inclusive finance in Africa: Using a quantile regression approach |
| title_fullStr | Fintech, foreign bank presence and inclusive finance in Africa: Using a quantile regression approach |
| title_full_unstemmed | Fintech, foreign bank presence and inclusive finance in Africa: Using a quantile regression approach |
| title_short | Fintech, foreign bank presence and inclusive finance in Africa: Using a quantile regression approach |
| title_sort | fintech foreign bank presence and inclusive finance in africa using a quantile regression approach |
| topic | Fintech Foreign bank presence Inclusive finance Quantile regression Africa 015 |
| url | https://www.tandfonline.com/doi/10.1080/23322039.2022.2157120 |
| work_keys_str_mv | AT khadijahiddrisu fintechforeignbankpresenceandinclusivefinanceinafricausingaquantileregressionapproach AT joshuayindenabaabor fintechforeignbankpresenceandinclusivefinanceinafricausingaquantileregressionapproach AT kannyiritbanyen fintechforeignbankpresenceandinclusivefinanceinafricausingaquantileregressionapproach |