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//BFSI – Financial Services
BAC Credomatic BAC Guatemala Bladex
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Bladex Arranged $50 Million USD Trade Facility for BAC Credomatic’s Guatemala Subsidiary

The first international syndicated facility arranged for BAC Guatemala was 1.7x oversubscribed, said Bladex.
Posted On July 7, 2017
, By Jared Wade
BBVA Colombia branch in Bogota, Colombia
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Fitch Ratings Affirms BBVA Colombia’s Ratings at BBB+ with Stable Outlook

Fitch Ratings said that BBVA sees its Colombian arm as a strategic subsidiary based upon its profitability and growth potential.
Posted On July 7, 2017
, By Jared Wade
banco de bogota banco de bogotá bancolombia colombia
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Fitch Ratings Affirms Banco de Bogotá’s BBB Rating and Revises Outlook from Negative to Stable

Fitch based its improved outlook on Banco de Bogotá's "solid and consistent financial performance" and "sound asset quality and reserves."
Posted On July 3, 2017
, By Jared Wade
Eric Crabtree Loren Moss Unisys Finance Colombia
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Interview: Eric Crabtree Says Unisys’ Elevate Platform Can Be an Omnichannel Game-Changer for Banks

At Asobancaria in Cartagena, Unisys launched its new banking solution Elevate, an onmichannel platform that aims to improve the customer experience.
Posted On July 3, 2017
, By Loren Moss
bancolombia medellin
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Fitch Ratings Affirms Bancolombia’s BBB Rating and Revises Outlook from Negative to Stable

Fitch Ratings based its view on Bancolombia’s improved operating efficiency and “solid performance in 2016.”
Posted On July 2, 2017
, By Jared Wade
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Banco de Bogotá to Open Branch on Campus of Universidad del Norte in Barranquilla

Banco de Bogotá will now have better access to the 13,000 undergrads, graduate students, teachers, and staff at Uninorte.
Posted On June 14, 2017
, By Jared Wade
clave dinamica bancolombia
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Bancolombia Introduces ‘Dynamic Key’ Security Code for Mobile and Online Transactions

The Clave Dinámica aims to minimize electronic fraud and "doesn't require customers to memorize anything," said Luz María Velásquez of Bancolombia.
Posted On June 13, 2017
, By Jared Wade
Bancolombia Juan Carlos Mora credit bank colombia financial (Photo credit: Bancolombia)
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Bancolombia Reduces Mortgage Interest Rates by 150 Basis Points

Colombia’s largest bank Bancolombia this week lowered the interest rates on its mortgage offerings by up to 150 basis points. According to the Medellín-based financial institution, this move means its rates now start at 0.76% monthly, or 9.6% on an annual basis. The bank said...
Posted On June 9, 2017
, By Jared Wade
Bogotá, Colombia imf growth
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Inter-American Development Bank Grants Colombia $450 Million USD Loan for Financial System Reforms

The proposed reforms will aim to solidify macroeconomic stability, boost development, encourage public/private partnerships, strengthen regulation, and promote financial inclusion.
Posted On June 9, 2017
, By Jared Wade
village capital fintech latin america colombia startup mexico city
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Village Capital Program to Invest at Least $150,000 USD in Latin American Fintech Startups

Up to 15 fintech companies will enter a three-month training and capital-raising program. The two highest-performing startups will receive at least $75,000 USD in funding.
Posted On June 7, 2017
, By Jared Wade
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