Servicios

2019 - October
Monetary Policy in Colombia As per its constitutional mandate, Banco de la República must ensure that the purchasing power of the currency is maintained in coordination with the general economic policy1. In order to fulfill this mandate, the Board of Direc­tors of Banco de la República (hereinafter…
2019 - Reports
Colombia’s economy expanded by 2.7% in 2018, gaining momentum after a period of deceleration in which the annual growth rate fell from 4.7% in 2014 to 1.4% in 2017. While growth was still below potential (estimated around 3.3%), the uptick in 2018 suggests the groundwork for Colombia’s economic…
2019 - Second Half
This special report analyzes the combined dynamics of the real estate market in Colombia and housing credit to identify potential sources of risk that could affect financial stability. In particular, the performance of variables associated with the prices of housing, their financing, the levels of…
This report analyzes the level of concentration in the credit and deposit markets, given its relevance for the materialization of credit and liquidity risks. An additional exercise is conducted to assess the degree of competition among financial intermediaries in the credit market.
This report analyzes the results of annual surveys on financing structure and foreign exchange risk applied to a representative sample of companies by Banco de la República (the Central Bank of Colombia) and Fedesarrollo. The report aims to deepen the knowledge of the firms' financing and the use…
The Special Financial Stability Reports are published together with the Financial Stability Report and provide a more detailed analysis of some aspects and risks relevant to the stability of the Colombian financial system: market liquidity risk, market risk, credit risk, financial burden, housing…
This report analyzes the main financial indicators for Central and South America, Dominican Republic and Mexico. In order to assess the situation of the region’s credit institutions this report considers the behavior of their portfolio, risk management, profitability, and efficiency for the period…
The purpose of this report is to measure the transmission of volatility present among public debt, private debt, and stock markets to identify whether a market was either a generator or a receiver of volatility at a given point in time. Subsequently, the overnight value at risk (VaR) of the…
2019 - Second semester
This Financial Stability Report (FSR) presents the Central Bank’s appreciation on the recent performance of credit institutions and their debtors, as well as on the main risks and vulnerabilities that could affect the financial stability of the Colombian economy. The FSR intends to keep the…
2020
Banco de la República (the Central Bank of Colombia) produces information for decision-making, accountability, and public dissemination. Particularly, the Financial Markets Report is framed within the principle of public dissemination and contributes to the Bank’s service of providing quality…
Banco de la República (the Central Bank of Colombia) produces information for decision-making, accountability, and public dissemination. Particularly, the Financial Markets Report is framed within the principle of public dissemination and contributes to the Bank’s service of providing quality…
Banco de la República (the Central Bank of Colombia) produces information for decision-making, accountability, and public dissemination. Particularly, the Financial Markets Report is framed within the principle of public dissemination and contributes to the Bank’s service of providing quality…
Banco de la República (the Central Bank of Colombia) produces information for decision-making, accountability, and public dissemination. Particularly, the Financial Markets Report is framed within the principle of public dissemination and contributes to the Bank’s service of providing quality…
The Colombian financial system has not suffered major structural disruptions during these months of deep economic contraction and has continued to carry out its basic functions as usual, thus facilitating the economy's response to extreme conditions.
In this article, we study the role of cash and electronic payments in the payment ecosystems of Colombia and the world, and the factors that determine their demand.For these purposes, we address the following research questions:What are the determinants of demand for cash and electronic payment…
Findings regarding liquidity shocks
2020 - April
Banco de la República (the Central Bank of Colombia) is required by the Constitution to maintain the purchasing power of Colombia’s currency in coordination with general economic policy1. In order to fulfill this mandate, the Central Bank of Colombia’s Board of Directors (hereafter BDBR) has…
Presentación virtual del Informe de Política Monetaria a cargo del gerente general, Juan José Echavarría, y de Hernando Vargas, gerente técnico del Banco de la República. [Video]
2020 - First Half
This special report analyzes the combined dynamics of the real estate market in Colombia and of the housing credit market to identify potential sources of risk that could affect the economy and financial stability. In particular, the report studies the performance of variables associated with the…
The Special Financial Stability Reports are published together with the Financial Stability Report and provide a more detailed analysis of some aspects and risks relevant to the stability of the Colombian financial system: market liquidity risk, market risk, credit risk, financial burden, housing…
Financial inclusion is the process of integrating financial services into the daily economic activities of the population, which can contribute to economic growth as it reduces financing and transaction costs and offers secure and efficient management of resources both for households and companies…
Monitoring the liquidity conditions in the financial markets allows to identify the potential contingencies that an institution may face when accessing or granting resources that, in turn, may threaten the stability of the financial system if a significant proportion of transactions depends on the…
The purpose of this report is to measure the transmission of volatility present among public debt, private debt, and stock markets to identify whether a market was either a generator or a receiver of volatility at a given point in time. Subsequently, the overnight value at risk (VaR) of the…
2020 - First semester
In the face of the multiple shocks currently experienced by the domestic economy (resulting from the drop in oil prices and the appearance of a global pandemic), the Colombian financial system is in a position of sound solvency and adequate liquidity. At the same time, credit quality has been…
Reporte de Estabilidad Financiera - 20 de mayo de 2020 from Banco de la República - Colombia on Vimeo.