Agency Banking

GPTKB entity

Statements (41)
Predicate Object
gptkbp:instanceOf Banking Service
gptkbp:agentsAre Retailers
Petrol stations
Pharmacies
Post offices
gptkbp:alternativeTo Branch banking
gptkbp:defines A banking model where banks offer financial services through third-party agents instead of direct branches.
gptkbp:enables Financial inclusion
gptkbp:firstAdoptedIn gptkb:Brazil
gptkbp:hasServiceTo Bill payments
Balance inquiry
Account opening
Fund transfers
Cash deposits
Cash withdrawals
https://www.w3.org/2000/01/rdf-schema#label Agency Banking
gptkbp:improves Access to banking services
gptkbp:popularFor gptkb:Brazil
gptkb:India
gptkb:Kenya
gptkb:Nigeria
gptkbp:promotion Digital financial services
gptkbp:reduces Operational costs for banks
gptkbp:regulates Central banks
gptkbp:requires Regulatory compliance
Agent training
gptkbp:riskFactor gptkb:fraud
Operational risk
Agent liquidity issues
gptkbp:supports Government-to-person payments
Social benefit disbursement
gptkbp:technology Mobile phones
Biometric devices
Point of Sale (POS) devices
gptkbp:usedBy Commercial banks
Microfinance institutions
gptkbp:usedIn Rural areas
Developing countries
gptkbp:yearOfFirstAdoption 2000
gptkbp:bfsParent gptkb:KCB_Agent_Banking
gptkbp:bfsLayer 6