Alper Kara: Do ethnic minorities face financial exclusion?
Dr Alper Kara has written a Blog post for The Conversation about his research into financial exclusion for ethnic minorities.
“Access to financial services and credit is generally regarded as a necessity to lead a normal life. Whether it is basic bank and saving accounts, a mortgage to buy a house or loan to start a business, these are some of the essential components of the modern economy – and modern living.
Yet financial exclusion – the inability to access these financial services – is a problem for many people. And there is mounting research to show that certain sections of society are affected more than others. There are two main areas where access to finance is needed: consumer credit and mortgages. In both areas, there is a large amount of evidence to show that ethnic minorities are worse off than white households.”
To read the full article, please go to the Conversation website: https://theconversation.com/how-ethnic-minorities-face-higher-levels-of-financial-exclusion-71960
Dr Alper Kara is formerly Senior Lecturer in Finance and a member of the Accounting and Financial Management discipline group at the SBE.