Banking Sector: Capital Adequacy Will Support Stability

BMI View: The Colombian banking sector will face significant headwinds to both loan and deposit growth in the coming years as weakness in the country's key oil industry feeds through to a weak labour market. Nonetheless, low levels of leverage will ensure broad banking sector stability.Fiscal tightening and a deteriorating job market will feed through to poor growth prospects for Colombia's banking sector. As oil prices remain low, Colombia will see declining public revenues and will...

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