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Gran Colombia Gold to Resume Paying Interest on Senior Debt

Struggling Gran Colombia Gold Corp. (TSX: GCM, OTC: TPRFF) announced today that it has negotiated a favorable contract amendment with the primary contract miner at its Segovia Operations and the company will resume monthly interest payments on February 28, 2015 on its Senior...
Posted On January 24, 2015
, By Loren Moss
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Neuberger Berman Opens 2nd Latin American Office in Bogotá

Neuberger Berman, a New York based employee-owned investment manager, is pleased to announce the opening of a new office in Bogota, Colombia. The office is located on the 14th floor of Calle 100 #7-33, Tower 1. Bogota is Neuberger Berman’s second location in Latin America,...
Posted On January 24, 2015
, By Loren Moss
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Fitch: Outlook Stable for Colombian Insurance Sector in 2015

Fitch Ratings this week announced a stable outlook for the Colombian insurance industry today. The stable sector outlook reflects Fitch’s expectation that the key credit metrics of the Colombian insurance sector will remain broadly stable and the industry will manage to...
Posted On January 23, 2015
, By Loren Moss
Davivienda's Bogotá headquarters. Photo credit: Loren Moss
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Fitch Affirms Davivienda at ‘BBB-‘; Revises Outlook to Positive

Davivienda’s Rating Outlook was revised to Positive given Fitch’s expectation that the banks’ financial profile and performance will continue to improve. The bank’s integration of its subsidiaries in Central America (HSBC’s former subsidiaries in...
Posted On January 23, 2015
, By Loren Moss
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Foreign Banks Eyeing Colombia

According to a report by Bloomberg, major global and regional banks, both commercial and investment, are looking to increase their stakes and presence in Colombia. Among them, Brasil’s Itaú is said to be purchasing Chilean Corpbanca SA, which recently purchased the majority...
Posted On January 20, 2015
, By Loren Moss
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