Globalization heightens the need, for mutual banks, like others, to adapt their services to the needs of small and medium-sized enterprises, to increase their operating efficiency and to improve their risk control and management. In other countries mutual banking uses integrated systems to overcome the disadvantages of small size by centralizing production and ancillary services.
It has also caused attention to focus on financial inclusion by tracking the growing bank branch network and the access of the public to banking services. 7. The collection and analysis of granular level financial data to assess the interconnectedness of financial institutions was brought forward in terms of priority after the global financial crisis (GFC) of 2008-09.