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Moody's changed to negative, from stable, the outlook on Bancolombia's ratings, while it maintained the negative rating outlook on Banco de Bogota and Davivienda. These actions follow the change in outlook to negative, from stable, on the Government of Colombia's Baa2 government...

Avianca Holdings S.A. (NYSE: AVH, BVC: PFAVH) confirmed in a filing with the US Securities & Exchange Commission that the information published on May 11 by newspaper El Tiempo, relating to the bankrupt airline’s five largest creditors is accurate. One of the motions the air...

Banco de Bogotá has reached an agreement with Multi Financial Group (MFG), Panama’s eighth largest banking group by assets, to acquire 100% of its common capital for about $730 million dollars in an all-cash transaction. The proposed acquisition will add $5 billion to Banco...

Banco de Bogotá, member of financial conglomerate Grupo Aval, was named as the “Best Bank in Colombia” for 2019 according to financial magazine Global Finance. The selection was made by the editors of Global Finance, after consultations with financial executives,...

“The importance of BBVA’s work in digital banking across the region cannot be overstated,” wrote the publication.

Scotiabank is the first Canadian bank to win the top award. Bancolombia beat out last year's winner Banco de Bogotá in the Colombian category.

The client portal was rolled out on May 15 to offer an overview of the available services offered to SMEs by Bancolombia and a library of informational resources.

For the seventh year, Banco de Bogotá will host the “VII Feria Mundo Pyme,” or “Small Busines World Fair” in Plaza Mayor, Medellín. The event will take place from Monday the 23rd to Wednesday the 25th of April, and is directed at small, medium and microbusinesses and their...

Others with outlook drops include Seguros Generales Suramericana, Confianza, ISA, EPM, and Enel Americas.

Carolina Parra of Banco de Bogotá said that the Bucaramanga location represents a “reliable, exclusive, and modern service” for high-end clients.