The consumer portfolio is the modality that provides explanations to a greater extent this dynamic, as it registered the highest quality indicator since 2009 (7.15%), while the maturities of the three modalities are slightly increasing this year. In a context of economic slowdown and tight financial conditionsat Asobancaria, we expect portfolio growth to slow from […]
Tag: economic slowdown
Motorcycle sales were down 16% in the cumulative to May
In May this year, 56,936 new motorcycles were registered, a decrease of 16.6% compared to the same month last year, according to registration information from the Single National Traffic Registry (RUNT). According to Andi and Fenalco’s report, this number of registrations represented 10.9% more than in the month of April. “Showing signs of stabilization in […]
The slowdown Colombia is facing is a necessary evil: experts
This is according to the report of the International Monetary Fund (IMF), Colombia will experience a very moderate growth of 1% in 2023. In this sense, it lowered its forecast by 0.1 percentage point from the forecast it presented in January. Added to this are projections from financial entities such as Bancolombia, which indicated that […]
Economic projection of 2023 of the country, in free fall
According to Grace Urdinola, director of Dane, this decline in economic activity is explained by the low dynamism observed across the entire agricultural sector in terms of input cost increases that have affected this sector throughout the year. “It was also affected by the long winter, which has kept production in this sector at this […]