Number of voluntary savings accounts managed by the organization, including demand deposits and time deposits, as of the end of the reporting period.
Number of voluntary savings accounts managed by the organization, including demand deposits and time deposits, as of the end of the reporting period.
Organizations should footnote all assumptions used.
This metric is intended to capture the number of voluntary savings accounts managed by the organization as of the end of the reporting period. Organizations reporting this metric may include savings programs with incentives or obligatory savings that clients can opt into (not including guarantees).
While this metric measures the value of formal savings (voluntary savings accounts), those interested in measuring financial health may also wish to measure or estimate informal and non-cash savings.