Finance Colombia » 2015 » March

Dr. Enrique González Villa - President of Cámara Colombiana del Libro

Macondo: Special Guest Nation At This Year’s “FILBo,” Colombia’s International Book Fair

This year’s guest nation at Colombia’s “Féria Internacionál del Libro” will be Macondo, the fictional country imagined by the late “Gabo,” Gabriel Garcia Márquez, the Colombian author who was awarded the 1982 Nobel Prize in Literature. A 3,000 square-meter pavilion honoring the...

Posted On March 26, 2015

, By Loren Moss

EEB Will Not Bid For Isagen. Fitch Holds Credit Outlook At Neutral

Consistent with Fitch Ratings’ belief that a major acquisition by Empresa de Energia de Bogota S.A. E.S.P.’s (EEB) is unlikely in the near to medium term, the company publicly declared it will not be participating in the republic of Colombia’s attempted sale of...

Posted On March 26, 2015

, By Loren Moss

Colombian Banks’ Disclosures Improve With IFRS Adoption, Says Fitch

The introduction of IFRS reporting in 2015 for Colombian banks is an improvement in financial disclosure, says Fitch Ratings. A majority of IFRS rules became effective for all Colombian financial institutions on Jan. 1, 2015 and introduced material changes in the treatment of...

Posted On March 26, 2015

, By Loren Moss

Interview: ETB Making Moves To Catch Up, Surpass Competition

Empresa Telefónica de Bogotá (ETB), claiming to be the second oldest existing telephone company on the planet, has been making impressive moves in 2014 and 2015, transforming its business model into a modern digital communications enterprise. CEO Saul Kattan Cohen was recognized...

Posted On March 26, 2015

, By Loren Moss