Definition of underbanked in English:

underbanked

Syllabification: un·der·banked
Pronunciation: /ˌəndərˈbaNGkt
 
/

adjective

  • 1(Of an area) with insufficient banks to meet market demand.
    More example sentences
    • The lure of the region is that the area is seriously underbanked, especially on the retail side.
    • And markets like this country's are still significantly underbanked, so there is much growth potential.
    • Do you still see the ‘unbanked’ and ‘underbanked’ as your primary target?
  • 1.1(Of consumers) lacking full use of banking facilities.
  • 2(Of an investment issue) not adequately underwritten by financing institutions.

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