LATIN AMERICA ADVISOR

Financial AMERICA ADVISOR

A daily publication Of the dialogue

July 29, 2025

Is Colombia Making Strides on Financial Inclusion?

More than 96 percent of Colombians have financial accounts, but there are gaps in account usage by women and residents of rural areas, a government report found. // File Photo: amnaj via Adobe Stock.

Q

A

Betilde Muñoz-Pogossian, director of the Department of Social Inclusion at the Organization of American States: “A combination of socioeconomic, cultural and institutional barriers significantly affects women’s access to and use of financial services. Financial independence and access to banking services are prerequisites, alongside necessary changes in cultural norms and gender roles that currently restrict women’s financial decision-making powers. Strategies to overcome these obstacles must be multifaceted, but governments play a crucial role through policy proposals that economically empower women while ensuring equitable access to these services. Colombia’s efforts in financial inclusion, particularly for the most vulnerable, have shown commendable results. The implementation of a National Financial Inclusion Strategy with objective indicators of success is particularly noteworthy. However, more can be done…”

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ABOUT THE financial services ADVISOR

Covering Latin America’s banking and insurance sectors, remittances trends and data, micro lending issues, new technologies in the industry, anti-money laundering regulations, and much more, the Inter-American Dialogue’s biweekly Financial Services Advisor, a sister publication of the Latin America Advisor, gives readers fresh insight and diverse viewpoints from financial sector leaders. To subscribe or for more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.

Subscribers

Staff

Gene Kuleta
Editor
P. 202.463.2920
E. gkuleta@thedialogue.org

Carl David
Goette-Luciak
Reporter

Nili Blanck
Reporter

board of advisors

Ernesto Armenteros
Vice Chairman
of the Board,
Banco de Ahorro y Credito Union

Jimena Blanco
Chief Analyst,
Verisk Maplecroft

Richard Child
CEO,
Mattrix Group

Michael Diaz
Partner,
Diaz, Reus & Targ, LLP

Ernesto Fernández Holmann
Chairman of the Board,
Ayucus

Desiree Green
Vice President,
Int’l Gov’t Affairs,
Prudential Financial

Earl Jarrett
Deputy Chairman & CEO
The Jamaica National Group

Barbara Kotschwar
Professor of Political Economy,
Georgetown University

Thomas Morante
Attorney,
Carlton Fields

Manuel Orozco
Senior Fellow,
Inter-American Dialogue

Adalberto Palma Gómez
Senior Partner,
Aperture SC

Rodolfo Pittaluga
Adjunct Professor,
Florida International University
College of Law

Roberto Teixeira da Costa
Founder & Board Member Emeritus, CEBRI

Mario Trujillo
CEO,
DolEx Dollar Express

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