Servicios

This External Operating and Services Circular replaces in its entirety External Regulatory Circular DFV-135 of 16 December 2020, corresponding to Issue 97: "Sistema Electrónico de Negociación (SEN in Spanish, Electronic Trading System)" of the Trust and Securities Department Handbook.

Real retail sales grew in the region, surpassing the national average. This performance was driven by increased household spending, lower unemployment, and effective marketing campaigns. Household consumption dynamism and improved financing conditions strengthened businesses and consumer confidence.

Higher household consumption of durable goods boosted retail sales within the context of improved business confidence. At the same time, the dynamism of sporting events, concerts, and festivals stimulated demand for tourism services, particularly from foreign visitors.

The increase in employment, together with higher income from coffee-related activities and a greater flow of remittances, boosted household spending. This consumption dynamism was particularly reflected in the demand for durable goods, which, in turn, supported imports of this type of consumer…

Domestic trade continued to show dynamic performance, surpassing the national average. Household consumption was driven by sales of food and beverages, information technology equipment, and vehicles. Likewise, demand for cultural and entertainment items, consumer imports, and new housing sales…

Retail trade in Antioquia recorded its highest annual growth in three years, driven by lower interest rates, the opening of new sales points, and increased customer traffic. The information technology, communications, and auto parts segments stood out. In turn, vehicle and motorcycle sales reached…

Agricultural production showed positive results, with rice and palm oil production standing out, favored by abundant rainfall, as well as cassava and plantain production. At the same time, cattle and pig slaughter in the region increased, driven by higher consumption of animal protein.

Retail trade recorded a rise, driven by increased household spending and supported by higher flows in remittances, improved access to credit, and greater consumer confidence. Vehicle sales contributed to the increase, boosted by lower interest rates, the launch of new models, and favorable…

The Sustainability Report presents topics related to corporate governance and institutional performance of Banco de la República regarding economic, social and environmental issues. This report intends to strengthen the efforts made by the Central Bank on transparency and accountability addressed…

The construction of coincident indexes for the economic activity of a country is a common practice since the fifties. The methodologies vary from heuristic methods to probabilistic or statistical ones. In this paper, we present a new procedure for estimating a coincident index of the state of the…

According to the Economic Activity - Balance of Payments.  In millions of U.S. dollars, annualy since 1994 & quarterly since 1996

Real retail sales grew in the region, surpassing the national average. This performance was driven by higher household income, improved business and consumer confidence, and favorable credit conditions. The automotive sector led the gains, driven by sales of hybrid and electric vehicles, while the…

The increase in the number of employed people and the constant flow of remittances strengthened households’ disposable income, supporting more dynamic private consumption, particularly in domestic trade, vehicle purchases, and the demand for accommodation services and durable goods.

Industrial output in Caldas, Risaralda, and Tolima increased, driven by a positive performance in food and beverage output. In Risaralda, textile and apparel clusters also stood out, along with other manufacturing activities, the latter driven by higher motorcycle assembly, in line with rising…

Commercial activity continued to grow during the third quarter, with notable increases in sales in Santander led by vehicles, technological equipment, and cultural and entertainment products. The rebound was driven by improved inventories, incentives, and greater consumer confidence, reinforcing…

Retail trade in Antioquia grew above the national average, driven by higher consumer confidence, improved household financial conditions, increased remittances and tourism inflows, and commercial strategies. Most segments increased, with durable goods such as vehicles and motorcycles standing out,…

The agricultural and livestock output declined due to reduced planted areas and excessive rainfall in some zones, although an increase was observed in processed palm fruit. Livestock activity expanded due to stronger demand for cattle, while pig production contracted due to lower animal supply and…

Domestic consumption increased, supported by a greater flow of remittances and access to credit, which stimulated purchases of durable goods, particularly motorcycles and technological equipment. This performance emerged within the context of declining unemployment and improved consumer confidence…

Place of birth: Bogotá, D. C. Date of Birth:16 February 1973 Profession: Economist

By virtue of its administrative and financial autonomy, Banco de la República (the Central Bank of Colombia) has its own independent patrimony and is subject to its legal framework, contemplated in Articles 371 to 373 of the Political Constitution, Law 31 of 1992 and its Bylaws, issued by Decree…