By Andrei Skvarsky.
Peru is the country with the world’s most conducive environment for financial inclusion – the delivery of affordable financial services to low-income strata, according to an annual survey by the Economist.
Peru is followed by Colombia and the Philippines on the 55-country financial inclusion rankings list in the latest of the Global Microscope surveys, developed by the Economist Intelligence Unit.
Global Microscope, formerly known as The Global Microscope on the Microfinance Business Environment, assesses the regulatory ecosystem for financial inclusion by evaluating 12 indicators across 55 countries.
Peru and Colombia “showed strength across the board, ranking in the top five in most of the indicators”, the Economist said in a statement in reference to Global Microscope 2014. “Colombia and Peru are global leaders in prudential regulation and rules for deposit-taking, and have strong records in micro-loans and provision of savings products to the poor.”
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