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bancolombia
off
Banistmo Completes $50 Million USD Bond Issuance
This was the first round of a planned $300 million USD series of corporate bond issuances.
Posted On
March 6, 2018
,
By
Jared Wade
off
Moody’s Drops Ratings Outlook to Negative for Bancolombia, Banco de Bogotá, and Various Insurers
Others with outlook drops include Seguros Generales Suramericana, Confianza, ISA, EPM, and Enel Americas.
Posted On
February 28, 2018
,
By
Jared Wade
off
Colombian GDP Grew by Just 1.8% in 2017, the Lowest Rate Since the Trough of the Global Recession
This was worst performance in eight years — below even the sluggish 1.96% growth of 2016 — and represents the third lowest rate this century.
Posted On
February 16, 2018
,
By
Jared Wade
off
Bancolombia, IDB Open More than 30,000 Bank Accounts with $1.7 Million USD Financial Inclusion Project
The program led to more than 30,000 new bank accounts being opened and some 2,000 people receiving education in financial services.
Posted On
February 6, 2018
,
By
Jared Wade
off
Bancolombia Projects Colombian GDP to Grow by 2.5% in 2018
Growth will be driven by higher commodities prices, improved household consumption, and a more balanced performance across various sectors.
Posted On
February 4, 2018
,
By
Jared Wade
off
Bancolombia Adds Fingerprint Identification to Mobile Wallet App
The goal of introducing fingerprint ID is to make the app both easier to use and more secure for its customers.
Posted On
January 18, 2018
,
By
Jared Wade
off
Bancolombia Goes Digital to Streamline International Bank Transfer Process
“It is no longer necessary to travel to a physical branch of Bancolombia to send or receive an international transfer,” said the firm.
Posted On
January 11, 2018
,
By
Jared Wade
off
Grupo Exito Braces for Amazon Competition with Digital Marketplace Expansion and Plan to Launch Puntos Colombia
Exito plans to monetize its Big Data assets through a program called Puntos Colombia, which has been developed with Bancolombia and will launch in early 2018.
Posted On
December 18, 2017
,
By
Rodrigo Torres
off
Colombian Inflation Rate Creeps Up to 4.12% in November
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.
Posted On
December 5, 2017
,
By
Jared Wade
off
Colombian Central Bank Cuts Interest Rate by 25 Basis Points to 4.75%
“The dynamics of the domestic demand were weaker than expected” in the third quarter, stated the central bank.
Posted On
November 27, 2017
,
By
Jared Wade
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