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Colombia: 8.7M exit financial system over non-compliance; rebanking strategy underway
La RepúblicaLO·CO·1 day ago
The Colombian government faces its first major economic test in overhauling credit access through enhanced technological capabilities and rigorous credit origination. The piece signals a policy shift toward financial inclusion but underscores the risk of weakening lending standards. The outcome will shape credit availability and financial stability, though specifics on implementation remain unclear.