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Davivienda's 433 billion pesos in green bonds, with a 10-year term, have been acquired entirely by the International Finance Corporation.

The IMF is predicting 2.3% GDP growth for Colombia in 2017, a decrease from the 2.7% expansion the institution had forecasted in October.

Airline improvement in recent years means more Colombians "now consider air travel their first choice when traveling," said Wingo CEO Catalina Bretón.

Each "corresponsal" will serve as mini-branch that allows customers to make payments, withdrawals, deposits, and other day-to-day transactions.

Moody's said its decision was based on having "insufficient or otherwise inadequate information to support the maintenance of the rating."

iShop's Barranquilla store will be its largest in Colombia, which is now home to 20 of the company's 49 stores in Latin America.

Floodwaters in Bagadó reportedly reached more than meter high, while the municipalities of Cértegui, Lloró, and Nuquí also experienced significant flooding.

While confirming the news, the gold mining company said that the director's resignation was "due to other business and personal commitments."

Orinoquia Capital received 25 million shares as the result of an April 4 merger between a wholly owned subsidiary of PMI Resources and PentaNova Energy Corp.

Heavy rains caused a landslide that killed at least 16 and affected more than 500 families and 80 homes across 16 primarily lower-class neighborhoods.