Colombia registers a 23% drop in new loans, while delinquencies soar

Recent data from DANE revealed that Colombia’s Gross Domestic Product (GDP) has seen a modest growth of 0.3% in the second quarter. However, there’s a diminishing interest in acquiring new loans in the country. The alarming part is the swift rise in overdue loans or those not being repaid on time. An analysis by Bancolombia […]

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