The president of the Territorial Development Bank, Juan Carlos Muñiz Pacheco, announced the addition of $ 4.9 billion to its different credit lines, which will allow strengthening the financing of public and private projects in key sectors for the national and regional economy. With these new resources, municipalities of categories 3, 4, 5 and 6 will be able to access greater investment opportunities for their development.
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Resources are available through four direct rediscount and credit credit lines that have subsidy to the interest rate by the National Government, which allows to offer favorable conditions such as broad deadlines and low interest rates encouraging investment and development in the territories.
“As a territorial development bank our commitment is with the territories, so these resources will allow prioritizing investments in the less favored territories to reduce regional disparities and promote equitable development. This will contribute to the social cohesion and general well -being of the population, facilitating access to essential services in all regions of the country ”, said the president of Findeter.
The available credit lines They include compromise reactivation Colombia section II, oriented to the financing of infrastructure projects in strategic sectors in the regions that allow promoting the economic and social development of the inhabitants of the territory. Resources can be used to improve basic services, such as health, education, security and transport, as well as for technological modernization initiatives in fundamental sectors such as health and education, which result in greater efficiency in the provision of services.
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Reactiva Colombia is a rediscount line of investment in investments in the sectors of energy, transport, urban development, construction and housing, education, environment and sustainable development, ICTs and sport, recreation and culture, which can support the sustainable development of the country , aligning with the objectives of the National Development Plan of the National Government. This line is aimed at reactivating economic sectors Key that have shown a low dynamism, such as construction, manufacturing industry and commerce. The reactivation of these sectors will contribute to the generation of employment, the activation of value chains and sustainable economic growth.
Energy efficiency and virtual connectivity is a credit line to finance projects and working capital in the energy sector for efficiency, generation, marketing, distribution, transmission and storage. It also offers direct credit with compensated rate for territorial entities that need resources for the execution of energy projects. With these resources, Findeter supports the fair energy transition, which seeks to reduce fossil fuel dependence and promote projects that promote social and economic inclusion. This includes the development of renewable energy sources, the modernization of electrical networks and the implementation of clean technologies.
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Finally, the Social and Priority Interest Housing line benefits natural persons, popular organizations and construction companies. In this way, families will be able to access resources for the purchase of social interest housing, to make vis or VIP housing improvements and/or to improve the interest rate of mortgage loans not exceeding one year. Construction companies can be leveraged for the acquisition of essential goods and materials for the construction of these works and communal action boards can access credits for working capital for housing improvements established by the Ministry of Housing, City and territory.
Paula Galeano Balaguera
Portfolio journalist
