Investments and Business

Consumer loans, the least to grow due to high interest rates and inflation – Financial Sector – Economy

Consumer loans, the least to grow due to high interest rates and inflation – Financial Sector – Economy

The strong squeeze on the cost of credit that the Banco de la República has been carrying out for more than a year and a half, raising its market intervention rate (today at 13.25 percent), is being felt with increasing intensity in the loans that banks grant to individuals and companies. The growth of the portfolio at the end of the third month of 2023 was only 1.3 percent real per year, being that of consumption the one that registers the worst performance in that period of the year with a negative behavior of 1.3 percent in real terms, the…
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Result of the Ballot on Saturday, May 27: winning numbers – Personal Finance – Economy

Result of the Ballot on Saturday, May 27: winning numbers – Personal Finance – Economy

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Learn the secrets of the meetings that sealed the agreement between the GEA and Gilinski – Business – Economy

Learn the secrets of the meetings that sealed the agreement between the GEA and Gilinski – Business – Economy

Becoming the largest shareholder of Grupo de Inversiones Suramericana (Grupo Sura), with more than 38 percent of its shares in its pocket, and one of Nutresa's main partners, with close to 32 percent (which helped them sneak into ' on the boards of these two organizations), it was far from being the last play of the Gilinskis, in the dispute in which they have been engaged for a little over 18 months with the directors of the companies of the Grupo Empresarial Antioqueño (GEA), including those of Argos.(Read also: After an agreement with the Gilinskis, Nutresa's departure from the GEA…
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The reasons for the sharp slowdown of the Colombian economy in 2023 – Sectors – Economy

The reasons for the sharp slowdown of the Colombian economy in 2023 – Sectors – Economy

In his weekly column Cuentas Claras, Mauricio Galindo, economic editor of EL TIEMPO, offers the curious figures around the news that happened in the last 7 days. On this occasion, the brake that the Colombian economy is having, the business sectors that produce the most dividends in the world and the few home sales experienced by this sector of the economy, among others.(Also read: After 18 months, this is how the share prices of Sura, Argos and Nutresa changed) Fully depressing the brake pedalThe Colombian economy had been one of the fastest growing, with respect to its production, before the…
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