Measurement of Systemic Risk in the Colombian Banking Sector

This paper uses three methodologies for measuring the existence of systemic risk in Colombian banking system. The determination its is based on implementing measures widely referenced academic works after subprime crisis, known as CoVaR, MES and SRISK. Together, were implemented case Banks during 2008–2017 period. findings allow us to establish that sector did not present a scenario, despite having suffered economic losses due external shocks, mainly crisis. results show efficiency this study an alternative measure systems.