The Financial Superintendence of Colombia published an update on the “Credit Pact” progress report, noting that disbursements to prioritized sectors are trending positively but that lending to the “popular economy” segment is lagging. In response, Financial Superintendent César Ferrari convened a high-level meeting with financial sector representatives to discuss ways to deepen access to credit for this segment. The progress update highlights positive performance in disbursements to manufacturing and energy transition, housing and infrastructure, agriculture, and tourism, with housing showing particularly strong growth. The meeting covered strategies to expand credit to the popular economy, including promoting associative lending, and included senior representatives from Banco Caja Social, Bancolombia, Davivienda, Bancamía, Banco Mundo Mujer, Grupo Aval, Banco Agrario, Banco de Bogotá, and the Colombian Banking Association (Asobancaria).
Superintendencia Financiera de Colombia 2025-06-19
Financial Superintendence of Colombia convenes banking leaders to accelerate Credit Pact lending to the popular economy
The Financial Superintendence of Colombia reported positive disbursement trends in prioritized sectors under the "Credit Pact," but noted lagging lending to the "popular economy" segment. Financial Superintendent César Ferrari met with financial sector leaders to discuss strategies for expanding credit access, including associative lending. Participants included senior representatives from major banks and the Colombian Banking Association.