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The amount represents claims for 5,158 insured risks, including real estate, public transport, private goods, vehicles, and cargo. According to Fasecolda, insurers expect to pay $154.7 billion pesos on 1,850 private risks, and $60.7 billion on 347 public-sector risks.

Mambu’s cloud-native SaaS subscription-based platform allows Financiera Dann Regional to expeditiously scale its growth and enables agile SME product design and launches.

Tecnoglass' adjusted EBITDA Up 52.7% Year-Over-Year to a Record $35.6 Million, or 29.3% of Total Revenues. “Our ability to timely deliver best-in-class products led to outsized revenue growth and market share gains in the U.S. during the second quarter."-Christian Daes

Last April, the company announced that it would restate its financials for 2018 and 2019 to correct an error in Alpha Holding’s derivative positions. Soon the company had to announce that it found additional accounting errors that would lead to material restatement of other...

The bank will launch with almost $27 million USD of capital, and operate digitally, through apps, its (currently inoperative) website, and Gilinski group’s Servibanca network of ATMs (Automated Teller Machines) throughout Colombia.

This is a senior credit line announced in 2020 granted by the United States International Development Finance Corporation

Garzon is a recognized leader within the region, holding 25 years of experience in forensic engineering, construction vulnerabilities, and pre-loss and post-loss consulting. His experience in the provision of risk and loss adjusting services includes advising on high value...

The new Colombian tech-forward bank offers interest bearing business accounts with no transactions or maintenance fees, and a 100% digital services portfolio, says Iris CEO, banking industry veteran Lorenzo Garavito.

As ratings agency Standard & Poor lowered Colombia's sovereign currency rating from investment grade into junk status, two government development banks and one commercial bank also took the hit. Findeter, FDN & Banco Davivienda al saw credit ratings drop out of investment grade,...

There has never been a more important time to bring together 200+ of the Andean region's most senior issuers, investors, bankers, rating agencies and lawyers to share knowledge, debate and network. Finance Colombia readers receive a discount with the code FC10