10% growth in bank accounts in Mozambique is not keeping up

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10% growth in bank accounts in Mozambique is not keeping up

According to a statistical report from the Bank of Mozambique, consulted today by Lusa, the number of bank accounts in the country grew from 5,687,975 at the end of 2023 to 6,221,640 in December last year, but it doesn't keep up with the increase in IMEs, which grew 18.5% in the same period, to 19,870,700, plus almost three million new accounts in the space of a year. Four years earlier, in 2020, the number of these electronic currency accounts …