masterThesis
Estrategia de Gestión de solvencia para Banco de Bogotá como consecuencia de la aplicación de Basilea III
Autor
Gómez Cáceres, Sara
Institución
Resumen
Financial entities play a very important role in all economies, because not only contribute to the stability of society, they also leverage companies and generate employment, they are a determining factor to establish when an economy is growing or, on the contrary, it is entering into a time of turbulence. They are responsible for providing the liquidity that the economy needs to continue its growth, through attracting, placing and creating monetary and credit policies, etc. It is considered one of the key sectors in the economy, since a large part of saving, investment and financing in broad terms are channeled through them, so its regulation is the object of a greater attention so that its proper functioning materializes for the benefit of general economic activity. It is important to note that the banking system is subject to extensive and special regulation, including minimum capital requirements as an extremely important element, in order to mitigate compliance, an international regulation called Basel was established. Colombia decided to adopt Basel III since 1989, and during the course of time it has been updating its implementations to update the standard in accordance with the international regime. Currently, Colombian financial entities are preparing for the implementation of Basel III as of January 2021, they are currently carrying out tests and monitoring to comply with the established requirements. This document aims to carry out an analysis on the application of Basel III capital requirements in Colombia, taking Banco de Bogotá, a Colombian bank, as a case study. The foregoing based on individual and consolidated solvency; additionally, comparing the main changes in the current norm in Colombia versus the Basel III norm adopted in Colombia and the international norm established by the Basel Committee internationally. As a result, the gaps that arise and the challenges that Colombian banking has with the implementation of this new standard will be shown and finally, after the analysis, propose a strategy that allows Banco de Bogotá to comply with the solvency requirements established by the regulator through the deconsolidation of the Sociedad Administradora de Fondos y Pensiones Porvenir SA, since the requirement is mandatory. This study will help Banco de Bogotá to comply with the solvency requirements established by the Financial Superintendence of Colombia, which are mandatory, additionally it will contribute to a better understanding of Basel in its general context in Colombia, and also to provide the elements of solvency that allow different financial entities to carry out an adequate evaluation and management of capital for the implementation of Basel III.