Colombia for the new Republic. Simón Bolívar became the first President of Colombia, and Francisco de Paula Santander was made Vice President. However, the new republic was unstable and three countries emerged from the collapse of Gran Colombia in 1830 (New Granada, Ecuador and Venezuela). Colombia was the first constitutional government in South America, and the Liberal and Conservative parties, founded in 1848 and 1849 respectively, are two of the oldest surviving political parties in the Americas. Slavery was abolished in the country in 1851. Internal political and territorial divisions led to the dissolution of Gran Colombia in 1830. The so-called
Bank of the Republic (Colombia) for the best researchers in Economics (Lauchlin Currie Scholarship) and in Economic Law (Enrique Low Murtra Scholarship). The online presence of all the museum sites, plus an encyclopaedia, plus an online library, is called "Banrepcultural", a portmanteau for "Red Cultural del Banco de la República en Colombia". It calls itself "the oldest virtual library in Latin America", and uses the domain banrepcultural.org Bank of the Republic (Colombia) The Banco de la República () is the central bank of the Republic of Colombia. Its main functions are detailed by the Congress according to the Ley 31 de 1992. One of them