Effective date: The usury rate that will take effect in July will be 24.78% effective annual rate.

The Colombian Financial Superintendency has certified the current annual bank interest rate (IBR) for consumer and regular loans at 16.52%. This rate will apply from July 1 to July 31, 2025.

Thus, taking into account that the Usury Rate represents the maximum value of the remunerative or default interest that an organization can charge to the agents of the economy and is constructed as 1.5 times the current bank interest per type of credit, the Usury Rate was 24.78% EA for July , that is, 77 basis points below the rate in force in June, which was 25.55% EA.

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Through Resolution 1254 of June 27, the current bank interest rate for larger productive loans was certified at 27.73%. The certified rate for larger productive loans will be effective from July 1 to July 31, 2025.

It also certified the current bank interest rate for rural productive credit at 19.01% per year, which will apply from July 1 to July 31, 2025.

Likewise, it certified the current bank interest rate for urban productive credit at 38.04%.

The certified rate for urban productive credit will be in effect from July 1 to July 31, 2025.

Likewise, it certified the current bank interest rate for rural productive popular credit at 51.03%. The certified rate for rural productive popular credit will be in effect for the period from July 1 to July 31, 2025.

Finally, it certified the current bank interest rate for the urban productive popular credit modality at 59.65%.

The certified rate for urban productive popular credit will be in effect for the period from July 1 to July 31, 2025.

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