IMPACTO GENERADO EN LAS ENTIDADES FINANCIERAS NO BANCARIAS POR LOS CAMBIOS EN LAS TASAS DE INTERES EN BARRANQUILLA DURANTE LOS AÑOS 2011 AL 2017.

Abstract

The article explains how, based on a decision based on the economic theory implemented by the Bank de Republic, there is a variation in the interest rate, while the development of non-banking financial institutions is affected in a certain way, due to the that when the loans are very expensive the interest rates go up, so it is possible that you no longer want to buy or apply for loan resources, to acquire any type of asset, this has an effect on the inflation trend, and on the increase of the profitability of savings products. Consequently, the low interest rate generates the possibility of becoming more indebted, which encourages consumption, encourages investment and growth of companies, helps the economy grow, however, it can generate inflationary tendencies. This paper seeks to show the incidences or effects that changes in interest rates may have on the income or profits of non-banking financial entities in the city of Barranquilla.