Publications

Here are all of our publications listed chronologically. You can also find the publications relating to single geography under “Publications by geography” or narrow down your search using the “Advanced filter”.

Latest publications on BanRep

Colombia | BanRep raises rates by 75bps to 12.0% in June

June 30, 2026

Banco de la República raised its policy rate by 75 basis points to 12.0%. The decision was split, with four Board members voting in favor of the increase, two supporting a 50-basis-point rate cut, and one voting to keep the policy rate unchanged

Colombia | BanRep mantiene la tasa de política monetaria inalterada en 11,25% en Abril

May 1, 2026

En decisión unánime, BanRep mantuvo inalterada la tasa de interés de política monetaria en 11,25% en abril. Observan amplia incertidumbre en el entorno externo que les permite tomar una pausa para evaluar la evolución de diversos indicadores.

Colombia | BanRep raises its benchmark rate by 100 basic points to 10.25% in January

January 30, 2026

The Central Bank (of Colombia), in a split decision, raised the monetary policy rate by 100 basis points in January, bringing it to 10.25%. The decision was based on the strong performance of the economy, the sharp increase in inflation expectations, and the deterioration in the current account.

Colombia | Banco de la Republica reduced its policy rate by 25 bp to 9.50%

December 20, 2024

The Board of Banrep reduced its monetary policy rate by 25 bps, bringing it to 9.50%. This decision was split: 5 members in favor of the 25 bp reduction, one in favor of a 50 bp reduction and one in favor of a 75 bp reduction. This is an important change in the Board's stance, after 6 meetings with rate cuts of 50bp.

Colombia | BanRep raised its monetary policy rate by 150 bp to 7.5%. Unanimous vote.

July 6, 2022

In its June meeting, Banco de la República increased the monetary policy rate by 150 basis points to 7.5%. The vote was unanimous.

Colombia | BanRep increased its benchmark rate in 25bp to 2.0%

October 1, 2021

In September, BanRep increased in 25bp the monetary policy rate to 2.0%. The vote was divided, with 3 members in favor of a 50bp increase. The Staff reviewed their activity, inflation and current account deficit forecasts upward. With this move the Bank starts a rate hiking cycle.

Colombia | Banrep sorprende y nos pone en alerta

November 3, 2017

A propósito de la reducción de tasas del Banrep el viernes pasado, que nos tomó por sorpresa a nosotros en BBVA y al consenso de los analistas, hemos tenido largas horas de conversación con los colegas.

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