Colombia–Ecuador relations Colombia–Ecuador relations Colombia–Ecuador relations refers to the diplomatic relations between the neighboring Republic of Colombia and Republic of Ecuador. The present territory of both countries was part of the Spanish Empire from the sixteenth to nineteenth centuries. After the wars for independence against the Spain led by Simón Bolívar, Ecuador, Colombia (then called New Granada), and Venezuela became part of the Republic of Gran Colombia in 1819. Gran Colombia struggled to hold itself together as a country, and after intense civil conflicts between political factions, the union fell apart in 1830. Present-day Colombia and Ecuador trace back established official diplomatic
Bank of the Republic (Colombia) 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 is the issuance of the Colombian currency, the peso. The bank is also active in promoting financial inclusion policy and is a leading member of the Alliance for Financial Inclusion. There are at least three predecessors to the current bank. The first national bank was created in 1880, named the "Banco Nacional", and its functions included handling the state funds, issuing currency