Servicios

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…

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?

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.

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!…

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.

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…

During SECO’s visit to Colombia, the State Secretary met with the Bank’s staff to discuss the country’s economic outlook. Additionally, the event included presentations by Juan Esteban Carranza, Chief Officer for Economic Studies at Banco de la República, and Ana Fernanda Maiguashca, director…

This section presents the reports on the execution of the Investment Budget and the Operating Budget of Banco de la República (the Central Bank of Colombia), as of year 2024. Budget execution is measured based on the reprogrammed budget, which includes additions and adjustments and transfers…

In the eighth program of 'Cuentas y Cuentos,' Prieto gives details of the new instant payment system, a project that will benefit Colombians in the medium term. 

Starting on October 6, person-to-business payments will be made through the new Bre-B button or zone provided by financial institutions on their digital channels.Banco de la República announces that the Bre-B operation continues to progress per the established timeline. On September 23, the Central…

Banco de la República (the Central Bank of Colombia) and Colombia Fintech held an in-depth seminar on Bre-B and its benefits for technology-intensive and financial services initiatives and companies. Interoperability and proximity to fintech companies were the key aspects of the session, which…

The interview, conducted by Renta4global Fiduciaria and published on its YouTube channel, notes: "In this fifth episode of Top Finance, our space for interviews with leaders of the financial sector, we spoke with Ana María Prieto, Director of the Payment Systems Department at Banco de la República…

Starting Friday 15 November, Banco de la República (the Central Bank of Colombia) will put into circulation the commemorative coin of the Guarniel or “Carriel Antioqueño” This new coin is minted for commemorative purposes to recognize the artisan craft associated with the manufacture of the…

Tuesday, July 9. Miguel Urrutia Montoya passed away in Bogotá. He was former Governor of Banco de la República for 12 years, between 1993 and 2005.As part of his great legacy as the country’s central banker, Miguel Urrutia Montoya led the modernization of Banco de la República and its consolidation…

Banco de la República provides its services and performs its functions with a process management approach based on 9 primary macro-processes, which are supported by 9 corporate macro-processes, as follows:

According to Colombia’s Constitution, Banco de la República is an institution that operates independent of government.  It enjoys administrative, patrimonial and technical autonomy and is subject to its own system of rules and regulations.

At its meeting held on Friday, February 27, the Board of Directors approved Banco de la República’s financial statements for fiscal year 2025. The Bank’s Auditor General and the external audit firm KPMG S.A.S. issued an unqualified opinion on these financial statements. Prior to their approval, the…

Banco de la República (the Central Bank of Colombia) manages the clearing and settlement of checks in Colombia through a retail-value payment system known as Compensación de Cheques (CEDEC-CCSD in Spanish, Clearing and Settlement System for Checks and other Physical Payment Instruments), through…

The Compensación Electrónica Nacional Interbancaria (CENIT in Spanish, Electronic Clearing System for checks and ther payment instruments) is an Automated Clearing House (ACH) managed by Banco de la República (the Central Bank of Colombia), which provides the following services:

The Depósito Central de Valores (DCV in Spanish, Central Securities Depository) of Banco de la República (the Central Bank of Colombia) is a system designed for asset servicing and the deposit and custody of securities in the form of electronic records (dematerialized). 

The Sistema Electrónico de Negociación (SEN in Spanish, Electronic Trading System), hereinafter SEN or THE SYSTEM, is the trading and registration system for securities transactions administered by Banco de la República (the Central Bank of Colombia), through which Agents may enter intospot or…

A loggerhead turtle, a highly migratory marine species, is the image in the obverse (Heads) of the new bimetallic COP$1000 coin, which will return to the hands of Colombian people when Banco de la República (the Central Bank of Colombia) puts it into circulation in the second half of 2012. The coin…

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…