Volume 19, Issue 4, March 2017, Pages 870–885
Joseph Djaowé1 and Bernadette Maiday2
1 Département d'Economie Monétaire et Bancaire Faculté des Sciences Economiques et de Gestion, Université de Ngaoundéré, Cameroon
2 Institut universitaire des Sciences de Gestion appliquée Institut Universitaire Catholique Saint-Jérôme, Douala, Cameroon
Original language: French
Copyright © 2017 ISSR Journals. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
The access of the individuals to financial services is a key factor of the growth and economic development. The World Bank estimates in 2014, at only 12,2 % the proportion of adults who has an account in a formal financial institution. That means the majority of the people is excluded of the access of financial services. While analyzing the situation of the supply of financial services in Cameroon, this article examines the explanatory factors of the access of individuals in the area of Adamawa Region. An econometric analysis based on binary logit model shows that the access of individuals to the formal financial services is positively and significantly influenced by the level of income, the salary status and the age. However, the level of education and matrimonial status don’t influence significantly the access of the individuals to the formal financial services in this part of the country. Thus, financial institutions could segment the market to propose to the individuals, financial product adapted to their level of income. In the same way, the authorities could initiate actions supporting the possession of account in formal financial institution.
Author Keywords: Individuals, access to financial services, financial institutions, Cameroun.
Joseph Djaowé1 and Bernadette Maiday2
1 Département d'Economie Monétaire et Bancaire Faculté des Sciences Economiques et de Gestion, Université de Ngaoundéré, Cameroon
2 Institut universitaire des Sciences de Gestion appliquée Institut Universitaire Catholique Saint-Jérôme, Douala, Cameroon
Original language: French
Copyright © 2017 ISSR Journals. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Abstract
The access of the individuals to financial services is a key factor of the growth and economic development. The World Bank estimates in 2014, at only 12,2 % the proportion of adults who has an account in a formal financial institution. That means the majority of the people is excluded of the access of financial services. While analyzing the situation of the supply of financial services in Cameroon, this article examines the explanatory factors of the access of individuals in the area of Adamawa Region. An econometric analysis based on binary logit model shows that the access of individuals to the formal financial services is positively and significantly influenced by the level of income, the salary status and the age. However, the level of education and matrimonial status don’t influence significantly the access of the individuals to the formal financial services in this part of the country. Thus, financial institutions could segment the market to propose to the individuals, financial product adapted to their level of income. In the same way, the authorities could initiate actions supporting the possession of account in formal financial institution.
Author Keywords: Individuals, access to financial services, financial institutions, Cameroun.
Abstract: (french)
L’accès des particuliers aux services financiers est un facteur clé de la croissance et du développement économique. Au Cameroun, la Banque Mondiale estime en 2014, à seulement 12,2% la proportion de la population adulte qui possède un compte dans une institution financière. Ce qui signifie que la grande majorité des populations est exclue des services financiers. Le présent article tout en analysant la situation d’offre des services financiers formels au Cameroun, examine les facteurs explicatifs de l’accès à ces services des individus dans la région de l’Adamaoua. En utilisant un modèle économétrique de type logit binomial, les résultats montrent que l’accès des individus aux services financiers formels est positivement et significativement influencé par le niveau de revenu, le statut salarial et l’âge. Par contre, le niveau d’éducation et la situation matrimoniale n’influencent pas significativement l’accès des individus aux services financiers formels dans cette partie du pays. Ce qui suggère que les institutions financières pourraient segmenter le marché pour proposer aux particuliers des produits financiers adaptés à leur niveau de revenu, et les pouvoirs publics initier des actions favorisant la possession de compte dans une institution financière.
Author Keywords: Particuliers, accès aux services financiers, institutions financières, Cameroun.
How to Cite this Article
Joseph Djaowé and Bernadette Maiday, “Accès des individus aux services des institutions financières camerounaises: une analyse dans la région de l’Adamaoua,” International Journal of Innovation and Applied Studies, vol. 19, no. 4, pp. 870–885, March 2017.
