The Innovators 2015 - Transactions Services, is Global Finance's annual listing of key innovations in treasury and transaction services.
“Banco Agrícola amigo” & “Banquero amigo” | Financial Correspondents Model For Financial Inclusion
Category of Innovation: Process/Marketing
“Banco Agrícola amigo” and “Banquero amigo” aim to increase banking for the unbanked by using a financial correspondents model for banking services.
Banco Agrícola is providing services and banking transactions, and offering savings solutions and other financial products, via diverse commercial establishments in locales across El Salvador, thus providing banking solutions to communities that previously did not have immediate access to financial services—promoting development, sustainability and financial inclusion.