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Financial Education and Inclusion: The Role of Banks

Author

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  • Omar Alonso Patiño

    (Universidad EAN, Bogota, Colombia)

  • Laura Marcela Patiño Gutiérrez

    (UNICAFAM, Bogota, Colombia)

Abstract

Financial education is one of the aspects of economic development in countries that have been given great importance in recent years. It is considered that a country that increases the levels of financial literacy is a country that has a greater proportion of people who are banking and with this, the banking sector is dynamic and as a consequence the economy in general. Given this, banks have a great responsibility to develop alternatives that favor a greater percentage of the population using their services for which they should consider, not only the quality of services but also the interest charged for their loans and the retribution that has the money placed by each of its clients.

Suggested Citation

  • Omar Alonso Patiño & Laura Marcela Patiño Gutiérrez, 2019. "Financial Education and Inclusion: The Role of Banks," International Journal of Sustainable Entrepreneurship and Corporate Social Responsibility (IJSECSR), IGI Global, vol. 4(1), pages 57-72, January.
    • Handle: RePEc:igg:jsecsr:v:4:y:2019:i:1:p:57-72
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