Colombia has a low level of financial depth. Efforts have been made by governments and the private sector in recent years to encourage the development of models which might provide enhanced access to financial services. These financial inclusion plans are based on creating access channels that...

In recent years, financial depth ratios in Uruguay have trended upwards, although without reaching the levels seen prior to the crisis at the start of the century. The ratio of credit to GDP in 2010 was near 18%, while the ratio of deposits exceeded 33%. However, Uruguay is still lagging behind...

We rely on demand and supply-side information to measure the extent of financial inclusion at country level for eighty-two developed and less-developed countries. We postulate that the degree of financial inclusion is determined by three dimensions: usage, barriers and access to financial...

This study identifies a set of elements that determine the development of banking penetration, emphasizing macroeconomic, structural and institutional factors. The study also offers some recommendations aimed at promoting credit and savings in Peru. Specifically, the study identifies how to...