The Financial Superintendence of Colombia published the conclusions of the 93rd session of the Coordination Committee for Monitoring the Financial System, which reviewed leading indicators for the last quarter of 2024 and January 2025. The committee concluded that credit institutions continue to show adequate prudential solvency and liquidity indicators above regulatory minimums, alongside signs of a recovery in credit activity. Credit growth has been recovering since mid-2024 and is expected to return to a growth path toward the end of the year, with improvements across all portfolio segments except consumer lending. The commercial portfolio recorded positive real growth for the first time since May 2023, and mortgage and microcredit portfolios also showed positive real growth. Delinquency continued to decline, mainly in consumer and microcredit, although some commercial and housing segments showed signs of deterioration; past-due loans as a share of total lending remain above the five-year average, but provisions cover the full past-due portfolio. Risk discussions highlighted heightened global uncertainty linked to geopolitical conflicts and related protectionism and threats of trade and financial sanctions, as well as vulnerabilities tied to domestic fiscal challenges and the need to keep monitoring sectors with persistently high delinquency. The authorities stressed the need for an orderly transition to upcoming modifications to the Net Stable Funding Coefficient (CFEN) that will take effect in September 2025, and reiterated the importance of adopting regulatory standards for interest rate risk in the banking book that started in 2025.
Superintendencia Financiera de Colombia 2025-03-27
Financial Superintendence of Colombia publishes monitoring committee conclusions highlighting credit recovery and preparations for CFEN changes in September 2025
The Financial Superintendence of Colombia reported that credit institutions maintain solvency and liquidity above regulatory minimums, with credit growth recovering since mid-2024. While commercial, mortgage, and microcredit portfolios show positive growth, consumer lending lags, and delinquency rates are declining but remain above the five-year average. The report highlights global uncertainties and domestic fiscal vulnerabilities, emphasizing the need for an orderly transition to upcoming regulatory changes, including the Net Stable Funding Coefficient and interest rate risk standards.