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In 2021, 73% of adults in Latin America registered accounts with financial institutions, the World Bank said.
This is 18% more than bankingwhen compared with the figures recorded in 2017, before the pandemic. This is the biggest progress among the developing regions of the world.
The financial inclusion caused by the pandemic means that almost seven out of ten people in the world have an account with a bank, other financial institution or through a mobile money provider, compared to six previously reported.
Only in Latin America is it indicated that the largest growth in property financial accounts they have been registered in Argentina, Bolivia, Brazil, Colombia and Peru.
In the region, it is also clear that four out of ten adults made digital payments. retail storeof which 14% performed these surgeries for the first time during the pandemic.
In addition, in 2017, the proportion of adults who saved to a bank account increased from 12% to 19% of adults.
Source: RPP
I am Dylan Hudson, a dedicated and experienced journalist in the news industry. I have been working for Buna Times, as an author since 2018. My expertise lies in covering sports sections of the website and providing readers with reliable information on current sporting events.