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.
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The recent pension reform, formalized by Law 2381 of 2024, has introduced a new Comprehensive Social Protection System for Old Age, Disability, and Death of common origin. This reform establishes a system of four pillars: solidarity, semi-contributory, contributory, and voluntary savings.
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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.
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On April 26, 2024, the Executive Board of the International Monetary Fund (IMF) approved a successor two-year arrangement under the Flexible Credit Line (FCL) for 6,133.5 million Special Drawing Rights (SDR) (i.e. 300% of the country’s quota at the Fund), equivalent to about USD 8.1 billion. This…
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High Level Conference on “Macroprudential Policies to Achieve Financial Stability,” organized by the Banco Central del Uruguay and the IMF.
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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.
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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.
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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…
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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
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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.
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On Monday, December 23, Leonardo Villar, Governor ofBanco de la República (the Central Bank of Colombia) and Piedad Urdinola, Director of the National Administrative Department of Statistics (DANE in Spanish) formalized an inter-administrative cooperation agreement for the exchange of information…
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Banco de la República (the Central Bank of Colombia) summons students of economics to participate in the Central Banking Course which will be held in person in Bogotá with support from the Pontificia Universidad Javeriana, in Cali for students from the southwest region, and online for other regions…
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Banco de la República invites children and young people from across the country to participate in Global Money Week (GMW) with economic education activities designed to encourage informed and conscious financial decision-making. Banrep will host various activities aimed at raising awareness about…
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The development of this agenda includes the decision to promote an Instant Payments System (IPS), an analysis to expand the offer of cross-border payments, and, subsequently, the review of the advisability of issuing a digital currency.The design of the Instant Payments System is carried out…
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The installation of the Forum took place on 18 April 2023 at the Events Center of the Luis Ángel Arango Library, with the participation of the main actors of the retail-value payments ecosystem.Ana María Prieto, Payment Systems Department Director of Banco de la República, pointed out the…
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The EDGE certification is based on high global standards, including international legislation on gender equity and intersectionality. After a rigorous assessment, Banco de la República (the Central Bank of Colombia) obtained this certification, thus becoming the second central bank in Latin America…
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In its session today, the Board of Directors approved Banco de la República's (the Central Bank of Colombia) financial statements for the 2024 fiscal year. The Auditor General for the Bank and KPMG S.A.S., the external audit firm, issued an unqualified opinion on these statements. Prior to this,…
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Economists Laura Carla Moisá-Elicabide and César Augusto Giraldo-Giraldo will participate in their first meeting as members of the Board of Directors of Banco de la República (the Central Bank of Colombia) on Friday, February 28. They join the Board as successors to Roberto Steiner-Sampedro and…
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ApproachThe Colombian labor market is characterized by high and persistent labor and business informality, a phenomenon commonly observed in many developing countries. According to the Colombian Household Survey (Gran Encuesta Integrada de Hogares - GEIH in Spanish), the labor informality rate in…
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Students in grades 9, 10, 11, and 12 from all schools across the country are invited to participate in this edition of the contest by answering the question: Why is the independence of Banco de la República essential for the country's economic stability?
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Starting on 21 June, Banco de la República will make available to the public the coin of the Battle of Lake Maracaibo. Additionally, July 24th will be declared Colombian Navy Day.
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The reopening program includes the first lecture of the series Conversando con artistas del Gran Santander en la colección del Banco de la República, (Talking with Artists of Gran Santander) in Banco de la República’s collection, the opening of two temporary exhibitions: ¡Que vivan las mariposas!…
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SICPA S.A. is a Swiss multinational and one of the world's leading manufacturers of security inks, which have been used in the printing of banknotes of most currencies, including the dollar and the euro. It has been a supplier of Banco de la República for more than 50 years.
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There are five very simple steps to avoid becoming a victim of counterfeiting. Colombian banknotes have unique security elements that every citizen must know.Banco de la República constantly conducts campaigns for all citizens to recognize the authenticity of Colombian banknotes, focusing on the…
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