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Jaime Peláez of Internexa says "banks have an enormous challenge ahead" to both improve their own security and teach users how to safeguard themselves.

"Not everybody in Colombia has access to the modern economy, and that in itself is an important inequality that needs to be addressed," said Deaton.

Medellín hosted 42 international association meetings in 2016. This was the same number as Chicago and Zurich — and seven times as many as the former world murder capital held in 2006.

The revision reflects Davivienda's “resilient and stable financial performance that has proven effective and consistent during periods of market turmoil."

The 3.99% rate is 38 basis points below the 4.37% annual inflation seen in May and less than half of the 8.60% rate in June 2016.

Banco Falabella says its new artificial intelligence technology will drastically cut customer service times through Facebook chat.

The first international syndicated facility arranged for BAC Guatemala was 1.7x oversubscribed, said Bladex.

Fitch Ratings said that BBVA sees its Colombian arm as a strategic subsidiary based upon its profitability and growth potential.

Red Eagle Mining Corporation today announced that the company's common shares will now be trading on the Toronto Stock Exchange (TSX) on an ex-rights basis

Fitch based its improved outlook on Banco de Bogotá's "solid and consistent financial performance" and "sound asset quality and reserves."