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August 7, 2024
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Banco de la República recorded profits of $4.08 billion in the first half of the year

Banco de la República rules out having a retail-type central bank digital currency

Banco de la República recorded profits of $4.08 billion at the end of the first half of the year, a result that represents an increase of 1% compared to the first half of 2023, when the positive figure was $4.04 billion.

The total assets of the Colombian central bank reached $309.6 billion, with an increase of 3.13% compared to the same period in 2023 when it obtained $300.2 billion.

Read: The vacancies that the Bank of the Republic has open to work: requirements

Total liabilities were $195 trillion at the end of June, compared with $196.8 trillion in the same month last year.

Thus, total assets reached $114.5 trillion, with an increase of 10.84% ​​compared to June 2023 when it was $103.3 trillion.

You may be interested in: GDP in 2024 would be 1.8%, according to the latest forecast from the Bank of the Republic

Total revenues as of June 2024 were $5.9 trillion, down 8.1% from $6.42 trillion in the same month in 2023.

Leonardo Villar Gómez, general manager of the Bank of the Republic

Courtesy

Total expenditure was $1.81 trillion, up from $2.37 trillion a year ago.

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