Colombia Interest Rates

The Colombian economy with a population of 45.58 Million (Est 2010) ranks 28th in the world with a GDP PPP of 396 billion and GDP PPP per capita of 9,046 vs 45,934 (United States) according to the IMF in 2009. Its currency is the Colombian Peso (COP). Bank deposits held for a fixed term in Colombia are called certificates of deposits. Data from the indicates that inflation in Colombia was 7% (2008 est.) and 4.2% (2009 est.)

Read More

Colombia Banks

Showing rates for 6 Bank deposit providers in Colombia.
Banco Davivienda ColombiaBanco Davivienda Colombia7431972Local
Banco AgrarioBanco Agrario7421999N/A
Banco de BogotaBanco De Bogota7341870Local
Banco de OccidenteBanco De Occidente1961965Local
Citibank ColombiaCitibank Colombia561929Foreign

Colombia Discussion Activity

  • Bancolombia - Deposits - Bancolombia 1 Year Certificate Of Deposit
    Q:I was in one of your Medellin branches last week.with a friend who has an account with you. We sat down with a young girl, who helped us, and i had asked about opening an account in your bank , I am not Colombian but a US citizen, When i asked about Interest rates on "CD'S" she was lost, and did not know what a CD was, and when i asked about interest rates on deposits again she did not have an answer, At the time you were 5.85% as per your web site, but it seems like she was not interested in american business?? My question is - as a foreigner can i open an account in your bank ? can i transfer money from my US bank to it? Can I but CD'S ? I see the rate has gone up to 8.23%?? is this correct? I would be interested in 1 year CD'S . Thank you in advance. My Spanish is horrible so I would need a English speakingbanker. regardsHoward

    Howard from Titusville, United States
  • Deposits
    Q: Are all deposits insured and up to how much?Also do you have longer terms for higher rates example 5 -10 year cd'sRay

    ray r from Tampa, United States