Exports and investment rebounded, in part reflecting higher commodity prices. The United States had a slower recovery. The Bank of Canada raised rates by 75 basis points to 1 percent in 2010. The Fed held rates near zero for more than five years. Starting in 2010, as the recovery appeared to be underway, most major economies began a course of fiscal consolidation.
The rollout of the agent banking model is mainly aimed at addressing the challenges of high transaction costs arising from the lack of proximity to financial services and putting up brick and mortar branches where they may not be economical in all the corners where customers are to be found.