The Financial Superintendence of Colombia (SFC) published a press release summarising a forum intervention during World Investor Week that focused on strengthening Colombia’s culture of saving and investment through broader financial education. At the event in Barranquilla, SFC adviser Juan Camilo Guerrero and Edna Bonilla of Fundación Ábacos cited low saving indicators versus international standards, noting that two out of three Colombians do not save and that around 70% of those who do save rely primarily on cash. They linked these patterns to distrust in the banking system and limited financial education, and argued that improving financial education should help citizens understand available saving alternatives, build long-term saving discipline for durable purchases, and support access to formal credit. Guerrero also framed saving as a macroeconomic prerequisite for growth because it finances investment and the expansion of productive capacity.
Superintendencia Financiera de Colombia 2025-10-23
Financial Superintendence of Colombia calls for stronger financial education to boost saving and investment
The Financial Superintendence of Colombia emphasized strengthening the culture of saving and investment through better financial education during World Investor Week. SFC adviser Juan Camilo Guerrero cited low saving rates and cash reliance, attributing these to distrust in the banking system and limited financial education. Improving financial education is crucial for fostering long-term saving habits and supporting economic growth.