The Financial Superintendence (SFC) announced the new certifications of current bank interest that will govern from April 1 to September 30, 2023.
These new certifications, in the same way, may be extended for three more months, in attention to the transition period provided by law.
(Banrep rate hike: why the effects are being felt so far).
– Productive credit of greater amount: Loans of more than 25 SMLMV and up to 120 SMLMV (from $29,000,000 and up to $139,200,000) for the development of any productive activity (27.11%).
– Rural productive credit: Loans of between 6 SMLMV and 25 SMLMV (from $6,960,000 to $29,000,000) for the development of any productive activity in rural and dispersed rural areas (31.19%).
– Urban productive credit: Loans of between 6 SMLMV and 25 SMLMV (from
$6,960,000 up to $29,000,000) for the development of any productive activity in urban areas (31.19%).
– Rural productive popular credit: Credits up to 6 SMLMV ($6,960,000) for the development of any productive activity in rural and dispersed rural areas (35.26%).
– Urban productive popular credit: Credits up to 6 SMLMV ($6,960,000) for the development of any productive activity in urban areas (35.26%).
(Ualá announces performance increase for all its deposits).
Remunerative interest and late payment
In this section, as explained by the SFC, they may not exceed 1.5 times the Current Bank Interest.
– Productive credit of greater amount: 40.67%.
– Rural productive credit: 46.79%.
– Urban productive credit: 46.79%.
– Rural productive popular credit: 52.89%.
– Urban productive popular credit: 52.89%.
(Profits of banks in the country fell 32% during January).
– Productive credit of greater amount: 40.67%.
– Rural productive credit: 46.79%.
– Urban productive credit: 46.79%.
– Rural productive popular credit: 52.89%.
– Urban productive popular credit: 52.89%.
(Banco Popular highlights the payroll as a low-interest product).
BRIEFCASE
