Bank of the Republic (Colombia)

The Bank of the Republic (Spanish: Banco de la República) is the central bank of Colombia. It was initially established under the regeneration era in 1880. Its main modern functions, under the new Colombian constitution were detailed by Congress according to Ley 31 de 1992. One of them is the issuance of the Colombian currency, the peso. The bank is also active in promoting financial inclusion policy and is a leading member of the Alliance for Financial Inclusion.

Bank of the Republic
Banco de la República
Official Seal of the Banco de la República
Headquarters of the Banco de la República, in Bogotá, Colombia
HeadquartersBogotá, Colombia
Ownership100% state ownership
GovernorLeonardo Villar
Central bank ofColombia
CurrencyColombian peso
COP (ISO 4217)
Reserves44 780 million USD
Websitewww.banrep.gov.co/en/
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.