Colombia: Libranza loans 4.73% cheaper than free investment credit

In Colombia, libranza (payroll-deducted) loans are on average 4.73% cheaper than free investment loans, with Banco Agrario, Coopcentral, and Pichincha offering the lowest rates. This reflects competitive dynamics in the consumer lending market, potentially influencing credit demand and bank margins. The data is sourced from a financial news outlet and may be based on a specific survey or rate comparison.