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Colombia: delinquent loans give clues to the size of the economic slowdown of 2023

By Daniel Gerrero

The most recent figures from the Colombian Financial Superintendence show that non-performing loans are increasing month after month and this could give a clue as to where the slowdown in the economy will come from in 2023.

According to information from the Superfinanciera (as of September), all portfolio types follow dynamics consistent with the activity data recorded at the end of the third quarter of 2022.

The gross balance of the portfolio amounted to $648.9 trillion, consequently, the depth indicator stood at 46.7% of Subscribe to our Premium Membership Plan. Already Subscribed?

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