Country Manual Credits
Colombia – Update 2025
out of Credit Institution’s Country of Establishment (Def, BT & Def)
| Source of changes | Answers |
|---|---|
| Law / Regulation | No |
| New Position of the Authorities | No |
| Evolution of Expert’s Interpretation | No |
Regulatory Template, Behaviour Template and Definitions and Concepts
Material changes
We can confirm that there have been no relevant regulatory changes since the last publication of this Country Manual.
Non-material changes
The manual has more comprehensive information concerning the general legal framework, it outlines additional mandatory Colombian legal provisions under the civil and commercial codes, such as the usury cap and restrictions on abusive penalty clauses, that apply to cross-border credit offerings. If these provisions are violated, the credit agreement may be subject to judicial adjustment or deemed unenforceable under Colombian law.
Some comments and content have been slightly reworded (without introducing material changes) to reflect the regulatory situation/current interpretation of the regulatory framework more accurately.
For more information, please contact us: info@brpsa.com
Geneva, November 14th 2025