Both are deemed important in fostering economic development. As the availability of initial finance for projects is a frequently stated reason why women do not take part in the labour market, higher financial depth should promote participation through increased availability of credit. At the same time, having an own bank account has been shown to promote female economic independence and say within the household. Financial depth and breadth are hypothesised to positively affect the female labour force participation (World Bank 2012, OECD 2012).