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Evolution of Financial Deepening (Total Portfolio / GDP) : Available of Credit in Colombia
Evolution of Financial Deepening (Total Portfolio / GDP) : Available of Credit in Colombia
The financial deepening in Colombia, measured as the relationship between the loan
portfolio and GDP has been growing dynamically in recent years to reach a level of 43.9%.
Share of the total portfolio of banks with SME portfolio in the total bank
portfolio
The above chart means that banks that grant loans to SMEs have a significant participation
in the total portfolio of the banking system
Type of credit products offered and conditions financial
The credit products offered to SMEs are ordinary, preferential or corporate credit and the
treasury credit. The first two are used, both for working capital and for investment
requirements. In ordinary credit, the interest rate is published daily by the banks. In the
preferential credit the client can agree a rate with the bank and the credit of treasury is given
to terms less than 30 days at market rates and is directed to treasury needs. Interest rates
are usually published by the Financial Superintendency as effective annual rates weighted
by the volume of the respective credit. The average weighted rates by credit modality
between 2014 and 2016 are shown in table 7 taken from Asobancaria.(Zuleta, 2016)
The following table shows the main coffee producing countries of the world in 2015, ranked
according to the percentage of world production in that year:
REFERENCES
Zuleta, L. A. (Noviembre de 2016). Financiamiento para el desarrollo. Obtenido de
http://repositorio.cepal.org/bitstream/handle/11362/40771/1/S1601064_es.pdf