Competition and Market Power in the Latin American Banking Sector
This paper gathers banks' balance sheet monthly regulatory information for seven Latin American countries, estimates lending markups and deposits markdowns in each country over time and studies how they relate with banks' profitability, the cost of credit, credit risk and credit supply.
Peru to Broaden Financial Inclusion by Strengthening Bank of the Nation
The Inter-American Development Bank has approved a $40 million loan to support the digital transformation of Peru’s Bank of the Nation so it can expand financial and social inclusion in the country.
IDB Group Launches FINLAC, an Initiative to Promote Financial Inclusion in Latin America and the Caribbean
FINLAC, a joint effort by the IDB, IDB Invest and IDB Lab, serves as a one-stop shop for advancing financial inclusion, supporting governments, accompanying firms, and igniting innovation in developing and implementing effective policies, reforms and business practices to create inclusive financial markets in the region.
The Promises of Digital Bank Accounts for Low-Income Individuals
This study tests the extent to which the promises of digital modes of payment, increased efficiency of transactions, increased financial inclusion, and improvements in the financial well-being of low-income individuals, are fulfilled.
Child Labor, Rainfall Shocks, and Financial Inclusion: Evidence From Rural Households
This paper explores how rural Colombian households respond to rainfall shocks by shifting children's time from school to domestic activities, with the impact on education mitigated or exacerbated by financial inclusion measures.
Open Finance in Latin America and the Caribbean: Great Opportunities, Large Challenges
This document provides a comprehensive overview of open finance in Latin America and the Caribbean (LAC) region and its potential impact on the financial industry.
Remittances to Latin America and the Caribbean in 2021: Migrant Efforts During the COVID-19 Crisis
This report focuses on the flows of remittances received by each country and sub-region in Latin America and the Caribbean in 2021 and hopes to provide input for decision-making on migration and remittances.
Where Are the Unbanked in Belize?: Using Machine Learning Small Area Estimation to Improve Financial Inclusion Geographic Targeting
This study aims to contribute to the efficient and effective implementation of Belize's National Financial Inclusion Strategy by identifying the geographical areas where unbanked people live and analyzing the factors that influence the use of financial services and instruments.
Savings Groups Reduce Vulnerability, but Have Mixed Effects on Financial Inclusion
How does introduction to savings groups impact the likelihood of using formal financial services?
IDB Group Analyzes Financial Inclusion in Times of COVID-19
On November 16, IDB Lab will bring together experts on the state of financial inclusion in a scenario strongly marked by the disruptions caused by the health emergency.