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For the fifth consecutive month, financial system badets showed positive results. The report of the Financial Superintendency of Colombia at the end of May revealed that the financial badets amounted to 1,625 billion pesos, which represents a growth of 4.8% and an increase of badets of 8, 9 billion pesos compared to April. This year
"The investment portfolio continued to be the biggest determinant in badet growth", notes the entity in the study.
Thus, the Superfinanciera detailed this at the end of May. the portfolio of investments and derivatives of the financial system amounted to 817.1 billion pesos, which represented a variation of 8.4%. "In absolute terms, the annual increase was 86.3 trillion, mainly explained by the higher balance of TES and equity instruments of domestic issuers, which increased by 25.5 trillion and 17.9 billion, in their order, "
On the corporate side, the Superintendency reported that 3.8 billion pesos correspond to credit institutions, 755.1 billion to special official institutions and that the insurance sector reported profits of 708.8 billion. 19659003] The portfolio also posted a positive performance, registering growth of 2.4% after reaching a total of 447.2 billion pesos. That meant an increase of 2.9 trillion pesos compared to April. By modality, the actual annual change for the housing portfolio was 8.1%, for consumption of 5.3% and microcredit of 3.5%. On the other hand, the commercial has shown a variation of -0.4% annual real.
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