Publications

This press article highlights that Banxico’s interest rate reductions may support greater investment and access to financing. Nevertheless, amid economic uncertainty, companies and investors should carefully evaluate the risks involved before making financial decisions.

Sectoral focus is crucial for Colombia's economic recovery, but this requires investment. In Colombia and globally, financing is largely reliant on own resources and bank loans, overlooking the potential of capital markets to fuel sectoral growth.

The current credit portfolio to the Non-Financial Private Sector closed 2022 with real growth of 4.6%. The 9.1% real annual growth of consumer credit stood out. Traditional bank deposits grew by a real annual 1.8% in December 2022. Among these, term deposits accelerated due to the increase in interest rates.

The banking system’s capital and liquidity levels remain above regulatory minima. Financing to the private sector regains its dynamism. All the portafolios that make up commercial banking credit to the non-financial private sector have achieved growth in real terms.

The banking system maintains solid capital and liquidity levels that allowed it to weather the effects of the pandemic and will help sustain a more vigorous financing recovery. The nominal growth of financing to the Non-Financial Private Sector recovered 7.2 percentage points between April and September.

The banking system has maintained outstanding capital and liquidity levels, which up to now have allowed it to face the adverse effects associated with the pandemic.

In the first nine months of 2019, the main source of growth in bank credit to the private sector was business loans. Commercial bank deposits lose dynamism. Weakness of external financing sources is influenced by concerns regarding the global economic cycle and internal uncertainty.