The Central Bank of Colombia published an explanatory blog post on its profit generation and international reserves, noting that it will transfer approximately COP 13.9 trillion to the National Government in March from profits generated in 2025, after deducting legally required equity reserves. The post describes the transfer as the highest on record, exceeding the high levels reached in 2023 and 2024, and attributes 86% of 2025 profits to the management of international reserves. Net international reserves stood at USD 66.3 billion at 31 December 2025, with returns driven by interest income and valuation gains, supported by relatively high international interest rates in 2025, subsequent rate declines that increased bond valuations, strong gold performance amid heightened global uncertainty, and greater diversification into non-USD currencies. It also states that reserve levels are adequate, covering more than nine months of imports and exceeding annual external debt service, and falling within the range suggested by an International Monetary Fund comprehensive adequacy index.
Central Bank of Colombia 2026-03-04
Central Bank of Colombia to transfer COP 13.9 trillion of 2025 profits to the National Government
The Central Bank of Colombia announced it will transfer approximately COP 13.9 trillion to the National Government in March from 2025 profits, marking the highest transfer on record. The bank attributed 86% of these profits to international reserves management, with net reserves at USD 66.3 billion as of 31 December 2025. The reserves are deemed adequate, covering over nine months of imports and surpassing annual external debt service.