En este artículo se analizan los principales determinantes de la rentabilidad de los bancoscomerciales en Colombia durante el período comprendido entre enero de 2000 y mayo de 2007. Seestiman los efectos de los movimientos en la tasa de cambio peso dólar sobre dicha rentabilidad,tanto en un...

In this paper, we study the empirical relationship between credit funding sources and the financial vulnerability of the Colombian banking system. We propose a statistical model to measure and predict banking-fragility episodes associated with credit funding sources classified into retail...

This study provides new evidence on the relationship between abnormal loan growth and banks´ risk taking behavior, using data from a rich panel of Colombian financial institutions. We show that abnormal credit growth during a prolonged period of time leads to an increase in banks´ riskiness,...

En este documento se realiza una exploración inicial sobre los determinantes del número de relaciones bancarias del sector corporativo privado de Colombia. Siguiendo otros estudios similares que se han realizado para distintos países, se utilizan modelos de datos de cuenta y se estima un...

We study the effect of relationship lending on small firms´ failure probability using a uniquely rich data set comprised of information on individual loans of a large number of small firms in Colombia. We control for firm-specific variables and find that small firms involved in long-term...

This paper analyzes the determinants of interest margins in the Colombian Financial System. Based on the model by Ho and Saunders (1981), interest margins are modelled as a function of the pure spread and bank-specific institutional imperfections using quarterly data for the period...

Using a panel of Colombian banks and quarterly data between 1996:1 and 2010:3, we study the relationship between short-run adjustments in bank capital buffers and the business cycle. We follow a partial adjustment framework and control for several variables that have been identified as important...

En este artículo se realiza una revisión de los modelos de supervisión frecuentementeusados y las características que estos deben cumplir para alcanzar niveles óptimos deregulación y supervisión. Adicionalmente, se revisan las ventajas que surgen al involucraral banco central en dicho...

El sistema financiero colombiano ha sufrido cambios importantes en lasúltimas décadas. Un periodo de expansión seguido de una profundacrisis económica repercutieron de manera importante en la estructura yconcentración de este mercado. Se ha analizado de manera amplia elefecto de la quiebra...

Evidence suggests that the Colombian interbank funds market is an inhomogeneous and hierarchical network in which a few financial institutions fulfill the role of “super-spreaders” of central bank liquidity among market participants. Results concur with evidence from other interbank markets...