Colombia financial inclusion set to progress
Keyword(s):
Subject Financial inclusion in Colombia. Significance Colombia saw nearly 1 million adults join the financial system for the first time in 2016, despite the economy struggling with sluggish growth. Financial inclusion is a high priority for several Latin American governments at the moment, with high degrees of financial exclusion viewed as obstacles to economic growth, social inclusion and poverty reduction. Impacts Greater financial inclusion will help reduce informality in the Colombian economy, and the high use of cash. Improved access to credit and a range of financial services will support the growth of the country’s many SMEs. Millions of new financial system customers will make Colombia even more attractive to foreign banks.
2020 ◽
Vol ahead-of-print
(ahead-of-print)
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2017 ◽
Vol 44
(8)
◽
pp. 1032-1045
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2017 ◽
Vol 8
(1)
◽
pp. 2-7
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2021 ◽
Vol ahead-of-print
(ahead-of-print)
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2020 ◽
Vol 8
(3)
◽
pp. 168-182
2021 ◽
Vol 8
(1)
◽
pp. 53-64