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Entrepreneurs agree with Abelardo to lower housing loan rates
CO🏛️ PoliticsCenteryesterday

Entrepreneurs agree with Abelardo to lower housing loan rates

President Abelardo de la Espriella met with several prominent Colombian businessmen, including Luis Carlos Sarmiento of Grupo Aval, Jaime and Gabriel Gilinski of Banco GNB Sudameris, Miguel Cortés of Grupo Bolívar (which includes Davivienda), and Juan Carlos Mora of Bancolombia, at an alternate presidential office in Barranquilla. During the meeting, these banking leaders agreed to reduce the effective annual interest rate on housing loans for earthquake victims to 8%, applicable throughout the loan term. The decision was previously announced by Bancolombia on social media, with President de la Espriella stating this aligns with his campaign promise that lower interest rates can improve access to credit for Colombians. Additionally, the group planned a joint visit to the Chocó department on September 7 to develop a recovery and transformation plan, emphasizing efforts to address historical neglect of certain regions.

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La Silla Vacía logoLa Silla VacíaIndependentCenteryesterday
Entrepreneurs agree with Abelardo to lower housing loan rates

President Abelardo de la Espriella met with several prominent Colombian businessmen, including Luis Carlos Sarmiento of Grupo Aval, Jaime and Gabriel Gilinski of Banco GNB Sudameris, Miguel Cortés of Grupo Bolívar (which includes Davivienda), and Juan Carlos Mora of Bancolombia, at an alternate presidential office in Barranquilla. During the meeting, these banking leaders agreed to reduce the effective annual interest rate on housing loans for earthquake victims to 8%, applicable throughout the loan term. The decision was previously announced by Bancolombia on social media, with President de la Espriella stating this aligns with his campaign promise that lower interest rates can improve access to credit for Colombians. Additionally, the group planned a joint visit to the Chocó department on September 7 to develop a recovery and transformation plan, emphasizing efforts to address historical neglect of certain regions.

Bias read (Center): The article reports on a meeting between the president and private sector leaders regarding a policy decision related to housing credits for earthquake victims. It presents the event factually, citing direct quotes from the president and mentioning the involvement of key stakeholders without overtly

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