Superfinanciera reported that the Pacto por el Crédito completed 18 months with $241.6 trillion disbursed, reaching 94.9% of the $254.7 trillion target. It disbursed 36.4 million credits at an average weighted rate of 15.5% effective annual. The program boosted financing in key sectors like housing, tourism, and agriculture.
Colombia's Superintendencia Financiera (Superfinanciera) announced the closure of the Pacto por el Crédito, a financing strategy running from September 2024 to February 2026. It accumulated $241.6 trillion in disbursements, hitting 94.9% of the $254.7 trillion target, per the official report up to November, marking the definitive end after 18 months. Over this period, 36.4 million credits were issued at a weighted average rate of 15.5% effective annual. The program enhanced financing availability, deepened productive credit, and bolstered key economic sectors. By segment, housing and infrastructure exceeded the target at 125.8%, tourism reached 100.8%, and agriculture hit 93.5%. Popular economy achieved 89.2%, while manufacturing and energy transformation closed at 87.5%. Among recipients, natural persons received $59.2 trillion (24.5% of total), microenterprises $23.6 trillion, medium-sized enterprises $21.2 trillion, and small enterprises $15.5 trillion. For the popular economy, banks supported low-amount credit lines via digital channels, financial education, and public sector partnerships to expand reach.
