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 (PI6439)
- Reporting Format Unit Referenced within Metric Definition
- Metric Type Metric
- Metric Level Product/Service, Organization
- IRIS Metric Citation IRIS, 2021. Number of Voluntary Savings Accounts (PI6439). v5.2.
Footnote
Organizations should footnote all assumptions used.
Usage Guidance
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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).
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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.
Impact Categories & Themes
SDG Goals & Targets
No Poverty
- SDG Target 1.5
- SDG Target 1.4
Gender Equality
- SDG Target 5.5
Decent Work and Economic Growth
- SDG Target 8.1
- SDG Target 8.2
- SDG Target 8.3
- SDG Target 8.10
Industry, Innovation and Infrastructure
- SDG Target 9.3
Reduced Inequality
- SDG Target 10.1
- SDG Target 10.2
- SDG Target 10.3
Sustainable Cities and Communities
- SDG Target 11.5
Metric History
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June 2022 - IRIS v5.3 Released (current version)
Immaterial change. Minor revision to usage guidance for clarity.
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January 2020 - IRIS v5.1 Released
No change.
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May 2019 - IRIS v5.0 Released
No change.
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March 2016 - IRIS v4.0 Released
Immaterial change. Minor revision to definition language in order to align consistency of metric with catalog's structure and style.
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March 2014 - IRIS v3.0 Released
Immaterial change. Number of Voluntary Savings Accounts (PI6439) replaced Total Voluntary Savings Accounts (PI6439). Minor revision to metric name and definition language for clarity.
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November 2011 - IRIS v2.2 Released
No change.
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February 2011 - IRIS v2.1 Released
No change.
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September 2010 - IRIS v2.0 Released
New metric. Total Voluntary Savings Accounts (PI6439) was developed via the Financial Services Working Group.