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An increase over the past month in the recreation prices (up 0.68%) and housing prices (0.30%) helped to push up the overall consumer price index.

“The dynamics of the domestic demand were weaker than expected” in the third quarter, stated the central bank.

The move continues a year-long rate-cutting trend but surprised a market that expected the Banco de la República to leave the rate steady.

The distinction acknowledges that Bancolombia has achieved an STP rate of at least 99%.

Bancolombia said that it will accept the tender offer of $360,912,000 USD for the 2020 notes and $321,152,000 for the 2022 notes.

Bancolombia has become the first traditional bank to join Fintech Colombia, the leading fintech association in Colombia.

"Proyectos Inmobilarios" platform will begin with 200 real estate projects and expand to include many more.

Over the past decade, the cloud has moved from something that was something of a novelty to an essential business service. Before, what was seen as a tech-world phenomenon that some companies found use for is now simply a part of the everyday fabric of operations. Amazon Web...

Overall, the bank estimates this shortfall equates to an overall net income loss of $1.5 million USD per day.

Bancolombia's digital transactions have increased 26% so far in 2017 compared to the same period of time in 2016.