or continues to be to help meet the needs of the population, which are dynamic. Companies increasingly require 'made-to-measure' products for their flows, involving different currencies and risks. Governments seek to improve the efficiency of their relationship with the population (payment of subsidies, pensions, and taxes) and run their budgets with greater transparency. Households, in addition to the traditional desire to finance 'house, car and scholarship', also demand new products, due to the greater longevity and income of its members.
As you can see, the possibilities for innovation are very broad. Its materialisation depends fundamentally on the creativity of the financial sector and regulatory limits. All the aforementioned elements suggest that the Colombian financial sector will continue to grow significantly over the coming decades.