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Using cash grows in Colombia: Will Bre-B change that picture?

Summary by Bloomberg Linea
The annual rate of 20% to which cash grows in Colombia generates concern because it could be reflecting an increase in informality or illegal activities, will that scenario change with the implementation of Bre-B, the digital payment system of the Banco de la República?A recent report by ANIF points out that although cash in Colombia has traditionally been the most used means of payment, the current figure of its growth is surprising, given the …
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Bloomberg Linea broke the news in on Saturday, March 29, 2025.
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