Signs that younger Americans are more tenuously attached to the traditional financial system are already apparent and it is important for policymakers to understand the implications of this trend for the financial futures of the next generation.12 It may, in fact, turn out to be that the innovations in financial services outside the traditional banking system will best address the needs of lower-income Americans.
This implies a drop of over 6 percentage points, which confirms that the systemic, interinstitutional and coordinated approach of the National Bank of Serbia, the Government and market participants is yielding the desired results.