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Colombia - Report on the capital market (Inglês)

The purpose of this report is to make a survey of the conditions that prevail in the field of investment financing in Colombia, to determine in what respects existing institutions and current practices are deficient, to propose such concrete steps as will increase the flow of capital into productive private enterprise, and to suggest measures which will foster a market for public securities. The report analyzes and comments on the operations of the financial institutions through which savings are channelled into the hands of Colombian industrial and commercial enterprises, and to the national and departmental governments and municipalities. The analysis is based on data and information which various government agencies, other official institutions, and private business firms furnished for the purpose of this report. A number of recommendations are presented for the development of a sound capital market through which funds can be channelled to their most productive use.

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