Kathmandu, July 17 -- More than 80 percent of Nepali adults own a mobile phone, but only 6 percent use mobile money accounts. Yet, this small percentage is already influencing a growing trend in formal savings, according to the World Bank's latest Global Findex 2025 report.

The report highlights that a record number of adults now have access to bank or other financial accounts across low- and middle-income countries.

Mobile phone technology, it says, has been a critical driver of this change, with 10 percent of adults in developing economies using mobile money to save regularly.

In Nepal, 35 percent of adults reported saving money, setting aside parts of their income for future needs.

These findings are based on the adult population o...