• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

Fitch: Payroll loans fell 9.2% in the first half in Colombia

FinanceColombiaValora Analitik10 s readAI summary
Image: Valora Analitik

Fitch reported that payroll loans in Colombia fell 9.2% in the first half, though they keep a positive trend. The rating agency expects resilient performance in securitizations of these loans, backed by low-risk profiles.

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IASummary generated by artificial intelligence from a story by Valora Analitik. It may contain errors: the original source prevails.

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