Servicios

Network analysis has been applied to identify systemically important financial institutions after the 2008 financial crisis. Such applications have stressed the importance of centrality within the too-connected-to-fail concept.

Intervención del doctor José Darío Uribe Escobar, Gerente General del Banco de la República, ante un grupo de inversionistas internacionales reunidos en la ciudad de Cartagena que asisten al Seminario ofrecido por Bear Sterns.

High Level Conference on “Macroprudential Policies to Achieve Financial Stability,” organized by the Banco Central del Uruguay and the IMF.

The series Cuadernos de Historia Económica is a publication of Banco de la República in Cartagena. The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors.  

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors.  

In Colombia, agreements are hard to reach. However, there was consensus in the National Constitutional Assembly, among the participants from different ideologies and parties, on the advisability of comprehensively reforming Banco de la República and turning it into an independent central bank. The…

This online course will contribute to generating knowledge on economic issues. Its purpose is to foster an understanding of macroeconomics and monetary, exchange rate, and credit policy issues among the Colombian population

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors. 

The Board of Directors is the country’s monetary, exchange and credit authority. As such, it complies with the duties and functions set forth in the Constitution, in Law 31 of 1992, and in the bylaws of the Bank (Decree 2520 of 1993).

Presented at the Seminar on Inflation Targeting organized by the Centre for Central Banking Studies of the Bank of England at Columbia University.

On 7 December 2016, Banco de la República started circulating the new $10 thousand-peso banknote, the sixth and last of the new family of banknotes. This banknote will circulate simultaneously with the current one. Red is its predominant color. The obverse features the image of anthropologist…

On 31 March 2016, Banco de la República started circulating the new $100 thousand peso banknote, the first of a new family of banknotes. The obverse features the image of President Carlos Lleras Restrepo (complying with article 10 of Act 1167 of 2007) together with the barranquero bird and the…

The Journal Essays on Economic Policy (EEP) from Banco de la República summons the academic community and all interested to the seminar about Changes on Monetary Policy and Central Banking over the last two decades, which will take place on October 23 and 24 of 2014 at the Events Center of the…

 

 

 In this year, the first measures were undertaken to move the Bank towards assuming the role of credit supplier for the development of certain sectors of the economy. The Government decided to direct the course of medium and long-term credit towards productive activities. This developmental…

 

 In the 1960’s, the State found it advantageous to delegate the regulatory function of controlling the monetary base to a public corporation other than the Board of Directors of the Banco de la República.  

  The Monetary Board was created, consisting of the following members: i) the Minister of Finance and Public Credit, presiding, ii) the Minister of Development, iii) the Minister of Agriculture, iv) the Head of the National Department of Economic Planning, and v) the Governor of the Banco de…

 Decree 444 put into effect a new exchange system that increased the Bank’s involvement in the control of the Foreign exchange flow fundamentally related to the management of foreign currency budgets and the regulation of supply and demand for foreign exchange. 

  Nationalisation of the Banco de la República. The Government, having withdrawn as a shareholder in the Banco de la República in 1951, once again assumed this role during this period. The Government acquired all the shares in the Bank leaving one share for each of the shareholding banks.…

On 29 November 2016, Banco de la República started circulating the new $2 thousand-peso banknote, the fifth of the new family of banknotes, which will circulate simultaneously with the current one. Its predominant color is blue. The obverse features the image of artist Débora Arango, along with the…

As per Decree 2520 of 1993, it is the responsibility of the Administrative Council to consider and adopt general policies on administration and operation of the Bank, and to determine the authority for contracting, ordering expenditure and investment, and authorizing the transfer or disposal of…

On 30 June 2016, Banco de la República launched the new 20 thousand peso banknote, the second of the new family of banknotes, which will circulate simultaneously with the current one. The obverse features the image of President Alfonso Lopez Michelsen (complying with article 8 of Act 1599 of 2012…

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