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BFSI – Financial Services
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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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Fitch Ratings Affirms and Upgrades Colombian Collective Investment Fund Ratings
The collective investment funds are essentially mutual funds, money market accounts, and other pooled investment instruments managed by Bancolombia.
Posted On
November 5, 2025
,
By
Loren Moss
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Colombia Orders Immediate, Definitive Closure of Worldcoin Operations
The foundation and company were founded by tech billionaire Sam Altman, and pay people small amounts of cryptocurrency to scan their eyes and create a unique, identifiable record.
Posted On
October 28, 2025
,
By
Loren Moss
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Ecopetrol Borrows $700 Billion Colombian Pesos From Banco Davivienda
The loan from by the state controlled petroleum company from a Colombian private bank is roughly $180.3 million USD.
Posted On
October 28, 2025
,
By
Loren Moss
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Colombian Banks Hint They Will Support Trump Administration In Sanctions Against President Gustavo Petro
Colombian banks must now walk a tightrope between angering the outgoing president & international financial isolation.
Posted On
October 25, 2025
,
By
Loren Moss
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Scotiabank Hit With Sanctions in Colombia After Call Center Worker Sells Data on Over 700,000 Bank Clients to Scammers
From 2019-22, Ladino Molano sent over 400 encrypted files to his personal email, exposing data of 721,000 clients at Scotiabank Colpatria.
Posted On
October 10, 2025
,
By
Editorial Staff
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Proposed Grupo Aval Fiduciary Consolidation Will Not Immediately Affect Ratings, says Fitch
Four companies: Fiduciaria Bogotá, Fiduciaria de Occidente, Fiduciaria Popular, and Aval Fiduciaria will merge into Aval Fiduciaria.
Posted On
September 30, 2025
,
By
Editorial Staff
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Colombia Seeks to Repurchase 2030-2061 Dollar Denominated Bonds
Bondholders must submit tenders via direct participants in DTC, Euroclear, or Clearstream; no guaranteed delivery or transmittal letter provided.
Posted On
August 6, 2025
,
By
Editorial Staff
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Chubb Launches New Engineering Center in Bogotá, Colombia
The Bogotá center will hire for software, data, AI, and infrastructure roles, emphasizing cloud and agile skills.
Posted On
June 29, 2025
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By
Editorial Staff
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Fitch Takes Action on Colombian and Central American Banks Following Colombia’s Sovereign Ratings Downgrade
This portfolio review includes Colombian banks with Issuer Default Ratings (IDR) rated at the same level or above that of the sovereign.
Posted On
June 27, 2025
,
By
Editorial Staff
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