Bancolombia announced that as of July 20, 2024, it will significantly reduce the rates with which it has been granting its financing. With this decision, the housing credit and housing leasing rate in projects financed by the entity will be 10% EA
In addition, New housing loans in projects not financed by the bank, loans for the acquisition and remodeling of used housingconstruction of individual housing and purchase of housing portfolio will be 11% EA, in a rate reduction that has not been possible for two decades.
“We trust in the power to reactivate the economy with the help of a key sector such as Real Estate and Construction. We have proposed that housing be a possibility for everyone and, in that sense, we continue making efforts to adjust our rates, managing to directly impact 21,000 families in their dream of having their own home. By delivering disbursements of up to $2.6 billion at the end of the year, we reconfirm our commitment to Colombia,” says Juan Carlos Mora, president of Bancolombia.
News in development…
