Colombia Banking & Financial Services Q4 2018
Key View :
Colombia has developed into a significant market for financial services within Latin America, although it is still catchingup with Brazil, Mexico and Chile in terms of scale and sophistication. We expect the expansion to continue in the coming years as theeconomy rebounds on higher oil prices, further business-friendly policies, and improved confidence. Though exposure toenergy prices remains a risk, an ambitious infrastructure programme, rising household incomes, and a growing banked populationshould ensure dynamic growth over the forecast period.
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