Financial inclusion in Latin America

Abstract

Financial inclusion is an ecosystem in which supply, demand, and the regulatory framework interact with the same degree of relevance. Therefore, a definition that considers all its complexity and multidimensionality is crucial. Broadly speaking, we can say that financial inclusion includes the establishment, the promotion, and the regulation of an accessible, affordable, and safe financial environment for the society as a whole. It aims at promoting economic well-being and social inclusion through the supply of financial services and products designed to satisfy the needs of different segments of society.