Analysis of Bancarization Through Sofware as a Process of Financial Inclusion in Chimborazo

Abstract

Abstract In a globalized world, one of the most important measures of economic development is financial inclusion that defines a fundamental element that guarantees access to financial products and services by the most vulnerable population; The purpose of this research was to analyze the levels of banking in the province of Chimborazo, which is equivalent to financial deepening through loans and deposits in addition to financial density. The research approach was quantitative, the deductive analytical method evaluated to evaluated nd study the specific financial deepening data based on the VAB (gross value added, deposits and loans), the method of applying linear models through the use of the Gretl 19 software can investigate the existing correlation of financial inclusion against placements and deposits, in addition to the application of financial density. According to the results obtained, it is concluded that there is a positive incidence of fundraising and placement at the level of financial depth, however, the factor that has the greatest influence on depth from any perspective is the provincial gross value added, which allowed to infer that The greater the gross value added, the greater the financial deepening in order to encourage investment in productive business activities.

Keywords

• financial inclusion, banking, software, chimborazo.