Press releases and minutes

According to the 2024 Opinion Panel by Cifras y Conceptos, Banco de la República continues to rank first among national institutions in terms of trust in Colombia, receiving a score of 80/100.

During the 91st session of the Financial System Coordination and Monitoring Committee, held this Friday between the Minister of Finance and Public Credit, the Governor of Banco de la República (the Central Bank of Colombia), the Financial Superintendent, the Director of the Financial…

During the 90th session of the Financial System Coordination and Monitoring Committee, held this Friday between the Minister of Finance and Public Credit, the Governor of Banco de la República (the Central Bank of Colombia), the Financial Superintendent, the Deputy Director for Resolution…

The mismatch between the skills of workers and the needs of companies is a problem that affects the efficiency of labor markets in developing countries. The vocational education sector as well as technical and technological education and skills certification are mechanisms for adjusting this…

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…

During the 89th session of the Financial System Coordination and Monitoring Committee, held this Wednesday between the Minister of Finance and Public Credit, the Governor of Banco de la República (the Central Bank of Colombia), the Financial Superintendent, the Director of the Financial…

The new information system that will support the services of the Central Securities Depository (DCV), a financial market infrastructure essential for the custody, clearing, and settlement of transactions on public debt securities, the fiduciary management of Colombian securities, and 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…

A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in most cases to a member country. Missions are undertaken as part of regular (usually annual) consultations under…

In order to maintain adequate external liquidity buffers and to anticipate a gradual reduction in the amount of access to the Flexible Credit Line (FCL) provided by the International Monetary Fund (IMF) to Colombia, and considering that uncertainty in the external environment persists, the Board…

Annual inflation in June stood at 12.1%, one percentage point below that recorded in December 2020. Accordingly, progress continues to be made in controlling inflation, which is reflected in improving expectations.  

Despite the above, headline inflation remains high…

Annual inflation in May continued to decrease, primarily driven by the fall in food inflation, despite the rises in inflation rates for regulated items and services (excluding foods and regulated items). Headline (12.4%) and core (10.5%) inflation are still significantly distant from the…

In its policy discussion, the Board considered the following elements: 

In its policy discussion, the Board considered the following elements: 

On March 22, the Executive Board of the International Monetary Fund (IMF) met to finalize the Article IV annual consultation with Colombia. On March 23, the IMF published the staff report discussed at that meeting, as well as a press release illustrating the discussion held at the IMF board and…

In their policy discussion, the Board of Directors took the following factors into account:

In their policy discussion, the Board of Directors took the following factors into account:

The increase in inflation is the result of the convergence of multiple phenomena, including historically high external and internal cost shocks and high levels of demand. Added to these, indexation processes to higher inflation rates and exchange rate pressures on prices in a context of…