"High rates don't benefit banks": BBVA insists on strengthening institutionality
The president of BBVA Colombia, Mario Pardo, warned that the country needs to strengthen trust between the public and private sectors to attract invest...
TL;DR
- BBVA Colombia plans to invest $300 billion in 2026.
- Artificial intelligence is central to BBVA Colombia's strategy.
- President Mario Pardo supports the institutionality of the Banco de la República.
- High interest rates are necessary for inflation control but harm the financial system and economy.
- Strengthening public-private trust is crucial for attracting investment.