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"Medellín was the city where we had to start out," says Alejandro Herrera. "Everything is here, but we’re not limiting ourselves. We want to be a multinational."

Jaime Peláez of Internexa says "banks have an enormous challenge ahead" to both improve their own security and teach users how to safeguard themselves.

Fitch Ratings based its view on Bancolombia’s improved operating efficiency and “solid performance in 2016.”

"The Ducati client wants something from the high end that other people don’t have," said Sergio Cordoba.

Seven have been confirmed dead, 11 are still missing, and more than 130 people have been rescued after disaster struck during a holiday weekend boat trip in Guatapé.

The new director is an executive at Newmont Mining Corporation, which acquired a board seat following a recent $109 million USD investment in Continental Gold.

All of Continental Gold's nominees were approved while receiving at least 99.8% of the vote, according to a filing by the Toronto-based mining company.

With startup financing often scarce, the goal is to offer "credit that better fits the particular focus of these companies," said Bancóldex President Luis Fernando.

"In any business — not only bicycles — everything evolves. But it is always for the better," said Jose Eduardo Barrera of Exitos Imports.

The land is adjacent to PharmaCielo’s 27-hectare cannabis nursery and will be the site of a cannabis processing plant, oil extraction facility, and research center.