Month

On Sept. 11, 2015, Bancolombia announced an agreement to acquire an additional 20% stake in Banco Agromercantil de Guatemala which would bring the bank’s share of Banco Agromercantil de Guatemala’s equity to 60%. Once the transaction is approved by regulators in both...

Credivalores-Crediservicios SAS, a large consumer lender in Colombia, announced on October 13 the successful closing of a COP $ 270,000 million ($93 million USD) syndicated structured loan with a tenor of 60 months and a revolving availability period of 3 years. This new facility...

This week, Corferias, Bogotá’s flagship convention facility, is host to TecnoMultimedia InfoComm Colombia; Colombia’s combined electronics and multimedia trade show. The event combines academic courses from InfoComm International along with the CEDIA (Custom Electronic Design...

Online printing services provider Printu.co launched last month in Colombia, an website providing printing services via an online ordering model geared towards small and medium sized businesses. Based in Bogotá, the site, run by sibling entrepreneurs Julián Montejo and Adriana...

The Country Club of Bogota was the host for the Second Endeavor Colombia Gala on the 28th of October, bringing together 200 business leaders dedicated to promoting social development by leveraging the the high impact of entrepreneurship. In addition to the business leaders...

Colombia’s defense ministry, Coges International, and Corferias – Bogotá’s primary convention venue, are holding the 5th edition of Expodefensa, an event showcasing security and defense industry innovation and technology for Latin America.  The international event serves as a...

At its October meeting, the Board of the Central Bank decided by majority to give a 50-bp hike to the repo rate to 5.25%. This adjustment was above our expectation and market consensus, which aimed at a 25-bp increase. In addition, the Bank reactivated auctions of FX call options...