Estabilidad Financiera

Traditionally, the reserve requirement for credit institutions is defined as a minimum percentage of the liabilities they must maintain in cash on hand or deposited at Banco de la República (the Central Bank of Colombia). This requirement allows institutions to have an…

To comply with the constitutional mandates, the Congress issued Law 31 of 1992, entrusting the Board of Directors of Banco de la República (BDBR) with the task of determining the conditions under which temporary liquidity support (ATL in Spanish) resources are provided, but setting the following…

Financial infrastructure or financial market infrastructures (FMI) enable the clearing, settlement, and recording of financial transactions (payments, securities, derivatives, and other financial assets) between participating entities.

They include:

The Financial Stability Department at Banco de la República (the Central Bank of Colombia) regularly conducts stress tests on Credit Institutions (CI) as a component of the analysis of financial stability vulnerabilities. These tests, known in the international literature as stress tests,…

Financial activity consists of the intermediation of resources between different individuals or sectors of the economy. In this way, the financial system directs economic resources from those individuals who have…

The main objective of Banco de la República (the Central Bank of Colombia) is to preserve the purchasing power of the currency, in coordination with the general economic policy, understood as the one intending to stabilize output and employment at sustainable long-term levels. The proper…

Banco de la República (the Central Bank of Colombia) conducts periodic surveys to different economic agents in order to obtain their perception on different aspects of the stability of the Colombian financial system. Based on these surveys, Banco de la República prepares semiannual or annual…

The Political Constitution of Colombia of 1991 (Constitución Política de Colombia de 1991 in Spanish) assigns to Banco de la República (the Central Bank of Colombia) the function of lender of last resort - (PUI in Spanish)” subject to the following restrictions (articles 371 and 373):

The Financial Stability Report outlines the Bank’s assessment of the recent performance of credit institutions and their debtors, as well as the main risks and vulnerabilities that could affect the financial stability of the…

Financial stability is understood as a situation in which the financial system (institutions, markets, and infrastructures) complies with three characteristics:

In accordance with the Colombian Constitution, the Board of Directors of Banco de la República (BDBR) is the credit authority of the Colombian economy. Law 31 of 1992 constitutes the general framework of reference for the exercise of the functions attributed to the Board as credit authority.