Asobancaria flags three challenges for Colombia to grow 6% by 2030

FinanceColombiaEl País (Cali)Nov 13, 2026, 11:49 AMAI summary

Asobancaria said Colombia must overcome three obstacles to move from the 2.3% growth projected for this year to the 6% target the Government has set for 2030. Jonathan Malagón, the guild's president, identified informal "gota a gota" lending, fraud and the tax burden as the main challenges, and defended expanding access to financial services. He spoke at the opening of the Financial Law Congress.

In 35 seconds

Asobancaria aims to move from 2.3% growth projected for this year to the 6% target for 2030
The guild identifies informal lending, fraud and the tax burden as the three obstacles
Malagón said each point the usury rate falls pushes about 195,000 people out of formal credit

Read the full story at El País (Cali)

IASummary generated by artificial intelligence from a story by El País (Cali). It may contain errors: the original source prevails.

Asobancaria
crédito
crecimiento económico
insolvencia
banca

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Asobancaria flags three challenges for Colombia to grow 6% by 2030

In 35 seconds

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Colombia's central bank publishes its report on credit conditions

Spain's Ibex 35 hovers near 20,000 points on support from Repsol and utilities

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