Colombia Banking Sector Report 2022-2023

In 2021, Colombia’s financial sector recovered from the shock of the COVID-19 pandemic. During 2020, financial entities had to increase their provisioning expenses, which affected their profitability, and there was a decline in their loan portfolios, mainly due to the performances of the commercial and consumer categories. The dynamic of the banking sector during most of 2021 was very positive. The loan portfolio gained traction, increasing by 7.3% y/y as of October 2021, due to the financial soundness of companies and households. Non-performing loans decreased during 2021, implying a lower risk and giving an additional boost to the profitability of the industry.

This report provides a complete and detailed analysis of the banking sector for Colombia. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the banking sector in Colombia
• Access forecasts for growth in the sector
• View key data on assets, liquidity and profitability in the sector in Colombia
• Crystallise the forces both driving and restraining this sector in Colombia
• Build a complete perspective on the trends around deposits, loans and interest rates in Colombia
• Ascertain Colombia’s position in the global sector
• Assess market share by bank
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in Colombia
• Build a clear picture of trends and issues for sub-sectors (consumer finance, mortgage lending and deposits)