Corporate and Institutional

Monetary policy plays a fundamental role in the pursuit of economic stability and its effectiveness is closely linked to its credibility. In the context of monetary policy, credibility refers to the degree of confidence that economic agents have that the central bank will achieve its objectives…

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…

International Macroeconomic Environment 

In compliance with Article 5, Act of Congress 31/1992, the Board of Directors of Banco de la República hereby submits to the Congress of the Republic of Colombia their Report to Congress on the macroeconomic results for the fi rst half of 2022 and the outlook for what remains of the year for its…

Banco de la República is celebrating its 100th anniversary in 2023. This is a very significant anniversary and one that provides an opportunity to highlight the contribution the Bank has made to the country’s development. Its track record as guarantor of monetary stability has…

Banco de la República filed an application at the Ministry of Culture to approve the designs to intervene the Amira de la Rosa Theater in Barranquilla.  

Once the Ministry of Culture authorizes the intervention, the building permit will be processed at the urban planning of…

The document submission for applying to the 2024 Study Abroad Program is now open. Remember that this call offers two master´s degree programs: Public Administration and Public Policy. Additionally, the sponsorship for PhD in Economics, Economic Law, and young talent (music)…

At its meeting today, the Board of Directors approved the financial statements of Banco de la República for the 2023 fiscal year. The Auditor General before the Bank and the external audit firm KPMG S.A.S. issued an Audit Report with an unqualified opinion on them (available in Spanish). The…

During her visit to Colombia, Queen Maxima of the Netherlands, in her capacity as United Nations Secretary-General's Special Advocate for Inclusive Finance for Development (UNSGSA), held a meeting with Mr. Leonardo Villar, Governor of Banco de la República and its technical teams, to discuss the…

The CONPES 4005 document of 2020 established the National Policy on Economic and Financial Inclusion and Education, which aims to integrate financial services into the daily activities of citizens and micro, small, and medium-sized enterprises (MSMEs), addressing their needs and creating…

As of 01 December 2023, the online channel available for receiving requests, complaints, claims, suggestions or denunciations (PQR in Spanish for questions, complaints, claims and requests) is our electronic form.

By using the…

Automatic price adjustment mechanisms, known as indexing, have mainly been a relatively common practice in developing economies even under different macroeconomic environments. These mechanisms often arise spontaneously in agents’ private contracts as a tool to protect themselves from high and…

Banco de la República (Banrep) and DANE jointly disclosed the esults of the Quarterly National Accounts of Institutional Sectors (CNTSI in Spanish) as of June 2021. This work is the result of a joint effort made by the two entities seeking to generate statistics that meet international quality…

In recent years, Colombia economy has seen a growing trend in the digitalization of payments (perhaps partly as a consequence of the pandemic). This is evident in the increased use of electronic channels.

The U.S. financial system experienced a period of stress during March 2023 in which several regional banks including First Republic Bank, Silicon Valley Bank, Signature Bank, and Silvergate Bank, etc., were affected. The collapse of these institutions had multiple causes and exposed the…

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:…

In a press release dated March 23, 2023, the DANE (National Administrative Department of Statistics announced that, as of June 2023, the CPI will be released on the fifth business day of each month (formerly published on the fifth calendar day of the month) at 6:00 p.m. (previously published at…

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.

Remarks by the Governor of Banco de la República (the Central Bank of Colombia) during the carbon neutrality certification ceremony:

“I would like to thank Bureau Veritas for being here at this event and for awarding the certifications to Banco de la República, particularly the one…