The Bank

Banco de la República is a unique public institution with administrative, patrimonial, and technical autonomy, responsible for performing central banking functions. According to the Political Constitution, the objective of monetary policy is to preserve the purchasing power of currency, in…

Banco de la República (the Central Bank of Colombia) promotes the generation and dissemination of economic and financial knowledge as a core component of its institutional mission. This is done through rigorous research, statistical production, and comprehensive economic education programs, all…

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…

To raise awareness on risk management among Banco de la República’s (BanRep) suppliers with the purpose of strengthening their knowledge of the risks and practices inherent in their processes to ensure adequate delivery of the products and services to BanRep as per their…

The International Financial Reporting Standards (IFRS), issued by a private and independent body, are principle-based standards that form the international accounting framework, and are considered as the global benchmark for the preparation of homogeneous, comparable, and transparent financial…

The Board of Directors has seven members: the Minister of Finance and Public Credit, the Governor of the Central Bank, and five full-time Board Members, who exclusively represent the general interest of the Nation [See: Political…

Questions and answers

The Board of Directors of the Central Bank of Colombia, in today’s meeting, approved the Bank's 2017 financial statements. Both the Auditor General to the Bank and the external audit firm Deloitte issued their opinion on said statements without any observations. Additionally, the Office of the…

The Constitution and Act 31 of 1992 establish that the highest governing body of the Central Bank of Colombia is its …

Banco de la República reports that it did not perform any purchase or sale of foreign currency in June 2017.

During the same month, the Central Bank performed final purchases of TES B for $401.0 billion (at market price value). At the end of June 2017, the balance of the…

Information related to the Bank's economic, legal, and/or cultural programmes, including information on the Luis Angel Arango Library, and the Gold Museum can be sent to you by means of registering with an e-mail listing provided by the Banco de la República’s website.

 The Diagram showing the Structure of the Banco de la República can be accessed from the attached PDF file.