Financial Capability in Colombia : Results from a National Survey on Financial Behaviors, Attitudes, and Knowledge

Financial Capability in Colombia : Results from a National Survey on Financial Behaviors, Attitudes, and Knowledge

Colombian authorities have made financial inclusion a core element of the country's socioeconomic development. The Central Bank of Colombia (BRC) requested support from the World Bank to develop and execute a nationally representative survey o...

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Bibliographic Details
Main Authors:	Reddy, Rekha, Bruhn, Miriam, Tan, Congyan
Format:	Report
Language:	English en_US
Published:	World Bank, Washington, DC 2016
Subjects:	ACCESS POINTS ACCESS TO CREDIT ACCESS TO FINANCE ALTERNATIVE BANKING AMOUNT OF INCOME AMOUNT OF MONEY AUTOMATIC DEDUCTIONS BANK ACCOUNT BANK ACCOUNTS BANK BRANCHES BANK LOANS BANKING RELATIONSHIP BANKS BASIC FINANCIAL SERVICES BENEFICIARIES BEST PRACTICES BORROWING BORROWING MONEY BUDGETING CALCULATION CALCULATIONS CENTRAL BANK CHECKING ACCOUNT CHECKING ACCOUNTS COMPARISON SHOPPING COMPOUND INTEREST CONCEPT OF COMPOUND INTEREST CONSUMER CONSUMER BEHAVIOR CONSUMER CREDIT CONSUMER PROTECTION CONSUMERS CONTRIBUTION CONTRIBUTIONS COPYRIGHT CLEARANCE COPYRIGHT CLEARANCE CENTER CREDIT CARD CREDIT CARDS CREDIT PRODUCT CREDIT PRODUCTS CURRENCY DAILY EXPENSES DEBIT CARDS DEBT DEBT BURDEN DEBT LOADS DEBT MANAGEMENT DEBTORS DEBTS DEMOGRAPHIC GROUPS DEPOSIT DEPOSIT INSURANCE DISPOSABLE INCOME DIVERSIFICATION ECONOMIC POLICY EDUCATION LEVEL EDUCATION TRUST EDUCATIONAL ATTAINMENT EDUCATIONAL BACKGROUNDS EDUCATIONAL LEVELS EMPLOYEE EMPLOYER EMPLOYER PENSION EXCESSIVE DEBT EXPENDITURES FAMILY MEMBER FAMILY MEMBERS FINANCES FINANCIAL ACCESS FINANCIAL ACCOUNT FINANCIAL ASSETS FINANCIAL BEHAVIOR FINANCIAL BEHAVIORS FINANCIAL BURDEN FINANCIAL CHOICES FINANCIAL CONCEPTS FINANCIAL CONSUMER FINANCIAL CONSUMERS FINANCIAL CRISIS FINANCIAL DECISION FINANCIAL EDUCATION FINANCIAL EDUCATION PROGRAM FINANCIAL EDUCATION PROGRAMS FINANCIAL GOALS FINANCIAL INFRASTRUCTURE FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENT FINANCIAL INTERMEDIARY FINANCIAL KNOWLEDGE FINANCIAL LITERACY FINANCIAL LITERACY SURVEY FINANCIAL MARKETS FINANCIAL MATTERS FINANCIAL PLANS FINANCIAL PRODUCT FINANCIAL PRODUCTS FINANCIAL REFORM FINANCIAL RESOURCES FINANCIAL SERVICES FINANCIAL SOPHISTICATION FINANCIAL STABILITY FINANCIAL SUPPORT FINANCIAL SYSTEM FINANCIAL TRANSACTIONS FORM OF SAVINGS FORMAL FINANCIAL INSTITUTION FORMAL FINANCIAL INSTITUTIONS FORMAL FINANCIAL INTERMEDIARY FORMAL FINANCIAL SERVICES FORMAL WORKFORCE GENDER GENERAL POPULATION GOVERNMENT PENSION GROSS DOMESTIC PRODUCT HOUSEHOLD EXPENDITURE HOUSEHOLD EXPENSES HOUSEHOLD FINANCIAL DECISION HOUSEHOLD FINANCIAL DECISION MAKING HOUSEHOLD FINANCIAL DECISIONS HOUSEHOLD INCOME HOUSEHOLDS INCOME INCOME GROUP INCOME LEVEL INCOME LEVELS INCOMES INDEBTEDNESS INFLATION INFORMAL BORROWING INFORMAL CREDIT INFORMAL FINANCIAL INSTITUTION INFORMAL FINANCIAL INSTITUTIONS INFORMAL SAVING INFORMAL SAVINGS INFORMAL WORKERS INFORMATION SYSTEM INHERITANCE INSURANCE INTEREST RATE INTEREST RATES INTERNATIONAL BANK INVESTMENT PRODUCTS KEY CHALLENGES KNOWLEDGE LEVEL LABOR FORCE LESS FINANCIALLY LITERATE LEVEL OF EDUCATION LIABILITY LIFE EVENTS LIFE INSURANCE LIFE-CYCLE EVENTS LIMITED ACCESS LOAN LOAN PORTFOLIO LOAN REPAYMENT LOW INCOME LOW-INCOME LOW-INCOME GROUP LOW-INCOME GROUPS LOW-INCOME INDIVIDUALS LOWER INCOME LOWER-INCOME INDIVIDUALS MARKETING MASS MEDIA MICROCREDIT MICROINSURANCE MONEY MANAGEMENT MONEY MANAGERS MONTHLY INCOME MORTGAGE MORTGAGES MUTUAL FUNDS OUTREACH OUTSTANDING DEBT PAWNSHOP PAWNSHOPS PENSION ACCOUNTS PENSIONS PERSONAL FINANCE POINT-OF-SALE PRIMARY EDUCATION PROBABILITY PROSPERITY QUESTIONNAIRE RECEIPT REGRESSION ANALYSIS REMITTANCE REMITTANCES REPAYMENT RESPONSIBILITIES RESPONSIBLE FINANCIAL DECISIONS RETIREMENT SALE SAVERS SAVING BEHAVIOR SAVING MONEY SAVINGS SAVINGS ACCOUNT SAVINGS ACCOUNTS SAVINGS PRODUCT SAVINGS PRODUCTS SAVINGS SERVICES SECURITIES SINGLE PARENTS SOCIAL ASSISTANCE SOUND FINANCIAL DECISION SOUND FINANCIAL DECISIONS SOURCE OF INFORMATION STAKEHOLDERS TIMELY PAYMENTS UNEXPECTED EXPENSE UNEXPECTED EXPENSES VALUABLE VALUE OF MONEY WOMAN YOUNG ADULTS YOUNG PEOPLE
Online Access:	http://documents.worldbank.org/curated/en/2013/07/18054984/financial-capability-colombia-results-national-survey-financial-behaviors-attitudes-knowledge http://hdl.handle.net/10986/23692

Internet

http://documents.worldbank.org/curated/en/2013/07/18054984/financial-capability-colombia-results-national-survey-financial-behaviors-attitudes-knowledge
http://hdl.handle.net/10986/23692

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