Servicios
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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…
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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?
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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.
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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!…
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Beware! In recent months, the number of reports by victims of scams or frauds has increased. Citizens have alerted that criminals are using the name or the image of Banco de la República or its officers asking for money in exchange for some transaction or alleged profit.
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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.
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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…
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According to the 2023 Opinion Panel of the firm Cifras y Conceptos, Banco de la República (the Central Bank of Colombia) continues to rank first among the most trusted national institutions in Colombia, receiving a score of 81 points out of 100, higher than in previous years.Graph 1. How much…
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As part of the commemoration of the centennial of Banco de la República (the Central Bank of Colombia), this Wednesday, 15 November, the digital collection of 12 Banrep Centennial books on the monetary history of Colombia and the role of Banco de la República in the economic stability and cultural…
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According to the statistics from the international repository Research Papers in Economics (RePEc), Banco de la República (the Central Bank of Colombia) reaffirms its position as a global benchmark in economic research by accounting for the majority of the most accessed authors worldwide…
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As part of the Bogotá International Book Fair, two Board Members will participate this Thursday, 23 April in a talk open to the public about their book "Mitos y realidades de la política monetaria," a work that clarifies key concepts related to the Bank’s functions, thus promoting an informed…
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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…
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This section presents the reports on the execution of the Investment Budget and the Operating Budget (operating income and expenses) 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…
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Headline inflation in January and February stood at 5.4% and 5.3%, respectively, above the level observed at the end of 2025 (5.1%). According to the CPI components, the increase in inflation was largely driven by services such as lodging and restaurants, recreation and cultural events, information…
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The Board of Directors considered the following elements:
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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.
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A common feature of modern central banks is their independence from the government. This autonomy is justified because the goals of the government and the central bank can differ. Typically, governments prioritize short-term growth and therefore favor low interest rates to boost demand and ease…
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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…
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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…
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Banco de la República (the Central Bank of Colombia) received award in the category “Market Infrastructure and Payments Development – Retail Segment,” granted by Central Banking, in recognition of the progress achieved with Bre-B, the federated payment system that modernizes the country’s instant…
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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…
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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…
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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…
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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:
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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.
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