The Financial Superintendency of Colombia published the Financial System Monitoring Coordination Committee’s assessment of financial conditions and risks, based on information through August 2026. Credit institutions maintained capital and liquidity ratios above regulatory minimums in the first half of 2026. Real credit growth continued but slowed as commercial and consumer lending moderated, while past-due loans increased across all categories despite delinquency remaining low. The committee called for stronger monitoring of market risk at banks and nonbank financial institutions, citing potential escalation in geopolitical conflicts, tighter international financial conditions, greater market volatility and domestic fiscal challenges. Financial exposures in areas affected by the Aug. 10 earthquake represent a small share of credit portfolios and were not considered a material threat to financial stability. Insurers remained well capitalized and continued processing claims, while sector and regulatory measures are expected to limit effects on borrowers’ repayment capacity and access to financial services. The committee also urged financial institutions to complete the transition from the fixed-term deposit rate (DTF) to the Reference Banking Indicator (IBR), which it considers more representative of money market conditions. The DTF will cease to be calculated from Jan. 1, 2027.
Financial Superintendency of Colombia reports sound prudential position and urges DTF to IBR transition before 2027
The Financial Superintendency of Colombia reported that credit institutions maintained capital and liquidity above regulatory minimums, although real credit growth slowed and past-due loans increased from low levels. The financial system committee called for closer market risk monitoring and timely completion of the DTF to IBR transition before DTF calculation ends on Jan. 1, 2027.