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//bancolombia
jeff bezos amazon web services colombia bogota
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Amazon Web Services Opens Office in Bogotá

Amazon Web Services highlighted the "growing demand and acceleration of cloud computing services" in the country.
Posted On January 20, 2017
, By Jared Wade
bancolombia medellin
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Bancolombia’s 12 Wishes for 2017

Bancolombia believes that "Colombia is bottoming out" and 2017 will bring a "more favorable macroeconomic environment."
Posted On December 28, 2016
, By Jared Wade
Ecopetrol oil and gas company headquarters in Bogotá, Colombia
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With Positive Third Quarter Results and Higher Oil Prices, Ecopetrol Plans Production Increase of 25,000 Barrels Per Day

"The group has overcome the period of low oil prices and has returned to the path of growth in production," said CEO Juan Carlos Echeverry.
Posted On November 16, 2016
, By Jared Wade
colombia inflation rate DANE 2016
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Colombia Inflation Rate Falls to 6.48% in October

The new 6.48% rate is the lowest seen since November 2015 — and a huge drop from the 8.97% high in July.
Posted On November 8, 2016
, By Jared Wade
Banco de la Republica, the central bank of Colombia, in Bogotá.
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Central Bank Downgrades Forecast for Colombia’s 2016 GDP Growth to 2% and Expects the Same in 2017

"The slowdown in output and lower external imbalance reflect the adjustment required in the Colombian economy," said the central bank.
Posted On November 4, 2016
, By Jared Wade
An Avianca Airbus A320 Jet
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Delta, United Continental, and Copa Will Reportedly Bid on Avianca — Potentially for a Controlling Stake

Offers are due by November 9, and a majority share may reportedly be on the table.
Posted On November 1, 2016
, By Jared Wade
banistmo panama bancolombia
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Fitch Ratings Affirms Banistmo’s Ratings

Fitch's assessment of the Bancolombia subsidiary was "driven by the potential support it would receive from its parent if needed."
Posted On November 1, 2016
, By Jared Wade
bancolombia medellin
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Bancolombia: Colombian Economy Is Currently Bottoming and Set for a 2017 Turnaround

If the story plays out as expected, Bancolombia believes that 2015 and 2016 will end up being bumps in the road in an ongoing growth trajectory.
Posted On October 21, 2016
, By Jared Wade
ecopetrol colombia fitch ratings bogota juan carlos echeverry
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Ecopetrol Pays Off $340 Million USD Loan Early

Interestingly, this loan — for 990 billion Colombian pesos — wasn't due until February 2024.
Posted On October 15, 2016
, By Jared Wade
colombia ratings fitch ratings outlook stable negative sovereign rating bogota medellin
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Challenges in Colombia: “Fitch Does Not Rule Out Further Negative Rating Actions Among Colombian Banks”

Fitch's Latin American Sovereign Overview report reflects the weakness in economies throughout the region, with Colombian banks facing major headwinds.
Posted On October 14, 2016
, By Jared Wade
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