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//BFSI – Financial Services
Photo ©2025 by Loren Moss
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Earthquake and Wildfires Push Colombia’s Food Inflation to 5.7% in August, Grupo Cibest Estimates

Potatoes jumped 8.5% in August as perishable food costs hit a 9.32% annual pace amid disasters.
Posted On September 8, 2026
, By Loren Moss
A farmer in Sucre, one of the departments covered by the insurance.
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Colombia Contracts Parametric Insurance to Protect 14,402 Smallholder Farmers Ahead of El Niño

Colombia has launched parametric agricultural insurance covering 14,402 smallholder farmers across five departments.
Posted On August 19, 2026
, By Suzanne Latre
Banco de Bogotá
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Colombia’s Financial Regulator Proposes Emergency Relief Rules for Earthquake-Affected Borrowers and Insurance Claimants

The draft rules would let banks stretch loan terms, waive default fees and fast-track insurance payouts for quake survivors.
Posted On August 13, 2026
, By Loren Moss
Coins stacked up together to look like a graph. The Financial Superintendency of Colombia estimated that 66% of monetary interactions came from mobile applications. Stock photo by Kevin Schneider via Pixabay.
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Colombia’s Financial System Processed More Than 6 Billion Operations in the First Quarter of 2026: Report

Online and mobile channels carried 85% of Colombia's financial operations and 70% of the value transacted in early 2026.
Posted On July 28, 2026
, By Elle F. Yap
The Financial Superintendent of Colombia, Professor Cesar Ferrari
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Colombia Launches English-Language Portal to Attract Foreign Portfolio Investors

Colombia's government just launched its first English-language portal for foreign portfolio investors — here's how to access it.
Posted On June 3, 2026
, By Loren Moss
Foto Instacart
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Instacart Buys Colombia-Founded Grocery Tech Platform Instaleap

Instacart acquired Colombia-founded Instaleap, a fulfillment and retail tech platform operating in nearly 30 countries.
Posted On May 9, 2026
, By Jadin Samit Vergara
Photo from Linkedin account of Ban100
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Fitch Ratings Revises Ban100 Outlook to Positive on Asset Quality and Earnings Stability

"Libranzas" is a form of payroll lending that works via payroll deduction, ensuring that the lender gets paid before discretionary spending.
Posted On March 18, 2026
, By Loren Moss
Grupo Aval.
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Fitch Says Grupo Aval Fiduciary Consolidation Toughens Market for Colombian Competitors

The move strengthens Grupo Aval's position in Colombia's fiduciary (trust) market.
Posted On February 16, 2026
, By Loren Moss
scotiabank colombia latin america
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Scotiabank and Davivienda Finalize Transfer of Banking Operations in Colombia, Costa Rica, and Panama

The agreement provides Scotiabank with a 20% ownership stake in the newly formed holding company, Davivienda Group.
Posted On December 1, 2025
, By Loren Moss
scotiabank toronto latin america colombia
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Scotiabank Completes Transfer of Colombia, Costa Rica, and Panama Operations to Davivienda Group

As part of the deal, Scotiabank takes board seats and a partial interest in Davivienda.
Posted On November 27, 2025
, By Loren Moss
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