Financial analysis of the Colombian banking sector in the period 2016 - 2020
DOI:
https://doi.org/10.61799/2216-0388.1036Keywords:
financial analysis, banking establishments, financial statements, financial indicators, banking sectorAbstract
The purpose of this study was to analyze the financial situation and the economic results of the banking establishments in Colombia. A literature review of articles published in databases such as Scopus, Redalyc, and Google Scholar was initially carried out in order to support the study. In this sense, views related to financial analysis and management from different contexts were presented. Next, a sampling of the financial statements obtained through the website of the Financial Superintendence of Colombia was carried out. Analytical procedures were developed, applying quantitative research with a descriptive approach. The financial analysis allowed to establish a diagnosis of the banking sector in Colombia, from the application of 7 financial indicators, considered relevant; categorized in the order of solvency, financing and profitability, carried out individually for each banking establishment, going through a combined analysis of a cross-sectional nature and time series, consolidated in reference data that incorporated the behavior and performance of the sector in the period 2016 - 2020. Finally, it was possible to have a financial analysis, describing relevant aspects of the banking sector in Colombia, reasonably fulfilling the purpose of the investigation.
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References
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J. L. Esparza, D. García y G. A. Duréndez, "Diferencias de gestión financiera entre empresas familiares y no familiares del sector turístico mexicano", Actualidad Contable FACES, vol. 13, nº 20, pp. 29-48, 2010
IASB, "Norma Internacional de Contabilidad", IFRS Foundation, 2014
E. Villegas, "Análisis Fianciero en los Agronegocios", Revista Mexicana de Agronegocios, vol. VI, nº 10, pp. 337-346, 2002
K. Dumorné, "Diagnóstico económico financiero y planificación estratégica de tres centros de acopio de leche vinculados al centro de gestión de Paillaco", Sociedad y Ambiente, vol. 1, nº 3, pp. 52-71, 2014
J. A. Oliveros, "Pequeña y mediana industria, un análisis financiero comparativo. Caso: PYMI¨s del municipio San Cristóbal, Venezuela", Revista Venezola de Análisis de Coyuntura, vol. XIX, nº 2, pp. 73-87, 2013
A. L. Restrepo y C. I. Sepúlveda, "Caracterización financiera de las empresas generadoras de energía Colombianas", Revista Facultad de Ciencias Económicas: Investigación y reflexión, vol. XXIV, nº 2, pp. 63-84, 2016
J. A. Rivera y D. Ruiz, "Análisis del desempeño financiero de empresas innovadoras del sector alimentos y bebidas en Colombia", Pensamiento y gestión, nº 31, pp. 109-136, 2011
A. Morelos, A. Jain y T. Dhingra, "Análisis de los indicadores financieros enn las sociedades portuarias de Colombia", Entramado, vol. 8, nº 1, pp. 14-26, 2012
R. Zambrano, H. Mercado, C. Hernández y A. Caro, "Gestión financiera en planes de ordenamiento territorial como herramienta de desarrollo urbano", Profundidad, vol. 13, nº 13, pp. 31-38, 2020
J. A. Restrepo y J. Vanegas, "Análisis del perfil financiero de las Pymes del Valle del Aburra y su acceso al crédito: Una aproximación empírica", Ingeniería industrial, vol. I, nº 3, pp. 43-54, 2009
D. Bernal y O. Amat, "Anuario de ratios financieros sectoriales en méxico para análisis comparativo empresarial", Ra Ximhai, vol. 8, nº 2, pp. 271-286, 2012
Y. Durán, "Administración del Capital de Trabajo: una herramienta financiera para la gerencia de las Pyme tradicionales venezolanas", Visión Gerencial, nº 1, pp. 37-56, 2011
J. G. Macías y H. R. Martínez, "Productividad en la gestión financiera de las empresas del sector de aluminio", Orbis revista científica de ciencias humanas, vol. 9, nº 25, pp. 135-163, 2013
D. Nogueria, A. Medina, A. Hernández, R. Comas y D. Medina, "Análisis económico financiero", Ingeniería industrial, vol. XXXVIII, nº 1, pp. 106-115, 2017
C. E. Castaño y J. E. Arias, "Análisis finanviero integral de empresas Colombianas 2009-2010: perspectivas de competitividad regional", Entramado, vol. 9, nº 1, pp. 84-100, 2013
M. A. Nava, "Análisis financiero: una herramienta clave para una gestión financiera eficiente", Revista Venezolana de Gerencia, vol. 14, nº 28, pp. 606-628, 2009
I. Buele, A. Mora y S. Santiago, "Ecuadorian Wholesale and Tetail Trade Companies: Analysis of the Financial Situation and Bankruptcy Forecast Under Atlman Z-score", Academy of Accounting and Financial Studies Journal, vol. 25, nº 1, pp. 1-11, 2021
R. Stefko, S. Jencova, P. Vasanicova y C. Litav, "An evaluation of financial health in the electrical engineering industry", Journal of Competitiveness, vol. 11, nº 4, pp. 144-160, 2019
N. Serrat, P. Nylund, X. Hernández y Freixane, "Financial and economic analysis of gazelle firms in Central Catalloina", Intangible Capital, vol. 10, nº 5, pp. 948-984, 2014
S. Jencova, P. Vasanicova y E. Litavcova, "Financial indicatos of the company from electrical engineering industry: The case study of Tesla", Serbian Journal of Management, vol. 14, nº 2, pp. 361-371, 2019
N. Necheukhina, O. Mustafina y L. Kuklina, "Competitiveness of various segmenest of the regional consumer market", Economy of Region, vol. 14, nº 3, pp. 836-850, 2018
J. Spicka y S. Kontsevaya, "Differences of financial management strategy of central European and Russian Milk processors", Agris On Line papers in Econocmics and informatics, vol. 8, nº 1, pp. 89-102, 2016
E. Vlasicova y Z. Naglova, "Differences in the economic situation of organic and conventional winemaking enterprise", Agris On Line Papers in Economic and Informatics, vol. 7, nº 3, pp. 89-97, 2015
P. Brijlal, S. Enow y E. Isaacs, "The use of financial management practices by small, medium and micro enterprises: A perspective from south Africa", Industry and Higher Education, vol. 28, nº 5, pp. 341-350, 2014
J. Delgado y N. Duque, "Financial analysis of small and medium sized business finacial analysis, applying value management", Revista Venezolana de Gerencia, vol. 22, nº 79, pp. 1-17, 2017
V. Malyshenko, "A model of system and strategic financial analysis of the crimean health resorts", Economy of Region, nº 2, pp. 510-525, 2016
P. Demartini, "Innovative famel-led startups. Do women in business underperform?", Administrative Sciences, vol. 8, nº 4, p. 70, 2018
M. Vochozka, A. Marouskova y P. Suler, "Economic, enviromental and moral accceptance of renawable energy: A case study", Science and Engineering ethics, vol. 24, nº 1, pp. 299-305, 2018
A. Mittal, A. Jain y T. Dhingra, "Dmart an ace in India´s retail space", Emerald Emerging markets case studies, vol. 11, nº 1, pp. 1-20, 2021
O. Oleghe, "System dynamics analysis of supply chain financial management during capacity expansion", Journal of modelling in management, vol. 15, nº 2, pp. 623-645, 2020
K. Hamzah, B. Ghali y G. Kachi, "Finananvial ratios as an assessment tool for measuring supply chain performance and productivity: An Empirical Evidence form industrial Bank of Iraq", International journal of supply chain management , vol. 8, nº 5, p. 367, 2019
S. Goel, "Fixed assets management of lasen y toubro: stability vs stagnancy", Economy of Región, vol. 11, nº 5, pp. 836-850, 2017
I. Derun, "Risk identification in the company´s accounting system", Economic Annals, vol. 159, nº 5-6, pp. 97-100, 2016
T. Chan y A. Abdul-Aziz, "Financial performance and operating strategies of Malasyan property development companies during the global financial crisis", Journal of financial Managament of property and Construction, vol. 22, nº 2, pp. 174-191, 2017
H. Lai, A. Aziz y T. Chan, "Effect of the global financial crisis on the financial performance of public listed construction companies in malaysia", Jorunal of financial management of property and construction, vol. 19, nº 3, pp. 246-263, 2014
S. Saxena, "Anandam´s woodstove technology" Emerald emerging markets case studies, vol. 3, nº 2, pp. 1-6, 2013
T. Peña y J. Pirela, "La complejidad del análisis documental", Bibliotecológicas, nº 16, pp. 55-81, 2007
R. Zambrano, H. Mercado, C. Hernández y A. Caro, "Gestión financiera en planes de ordenamiento territorial como herramienta de desarrollo urbano", Profundidad, vol. 13, nº 13, pp. 31-38, 2020
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Published
2021-09-01
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Bayona-Soto, J. A., Navarro-Claro, G. T., & Montero-Coronel, E. A. (2021). Financial analysis of the Colombian banking sector in the period 2016 - 2020. Mundo FESC Journal, 11(S2), 353–370. https://doi.org/10.61799/2216-0388.1036
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