114124

The Impact of Financial Inclusion on GDP Growth in Egypt

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Last updated: 04 Jan 2025

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Abstract

FI's multidimensional aspect is crucial to a country's economic and financial growth. This study aimed to examine FI's impact on Egypt's growth in GDP and to focus significantly on FI indicators such as the Number of ATMs and the deposits in various financial institutions.  The researcher used secondary data to help with the analysis of the correlation between GDP and other independent variables. The authors analyzed the data by using multiple regression models, and the model was statistically significant. The results of the study found a positive correlation between GDP and the number of ATMs and the negative relationships between GDP and total deposits.

DOI

10.21608/jsec.2020.114124

Keywords

Financial Inclusion (FI), GDP growth, Egypt, Banking Sector, ATMs, Microfinance institutions, Multiple Regression Models, Financial Services, Mobile Banking, Bank Branches

Authors

First Name

Mohamed

Last Name

Noureldin Sayed

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Affiliation

Assistant Professor at Applied Studies and Community Services College, Imam Abdulrahman Bin Faisal University, Saudi Arabia.

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First Name

Nesrin

Last Name

Ahmed Abbas

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Affiliation

Assistant professor of Economics at Faculty of Business and Economics, Badr University in Cairo (BUC in Cairo), Egypt.

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First Name

Mahmoud

Last Name

Abdelaziz Touny

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Affiliation

Professor of Economics at Faculty of Commerce and Business Administration, Helwan University, Egypt.

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Volume

50

Article Issue

2

Related Issue

16948

Issue Date

2020-07-01

Receive Date

2020-08-12

Publish Date

2020-09-21

Page Start

379

Page End

400

Print ISSN

2636-2562

Link

https://jsec.journals.ekb.eg/article_114124.html

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https://jsec.journals.ekb.eg/service?article_code=114124

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9

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المقالة الأصلية

Type Code

914

Publication Type

Journal

Publication Title

المجلة العلمية للإقتصاد و التجارة

Publication Link

https://jsec.journals.ekb.eg/

MainTitle

The Impact of Financial Inclusion on GDP Growth in Egypt

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Article

Created At

22 Jan 2023