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//banks
The Higabra Valley Tunnel at Continental Gold's Buriticá goldmine in Antioquia.
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Fitch Says LatAm Sector Outlooks Mostly Unchanged Amid Resilient Economic Growth

Fitch says commodity prices will be the main transmission channel of China’s rebound for Latin American economies.
Posted On July 4, 2023
, By Loren Moss
Alleged members of the “Los Call Center” crime gang prosecuted for over $1.4 million USD of credit card fraud
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Colombian Prosecutors Break Up “Los Call Center” Credit Card Mafia

Alleged members of the “Los Call Center” crime gang that operated throughout Colombia's "Eje Cafetero" coffee growing region prosecuted for over $1.4 million USD of credit card fraud
Posted On December 1, 2020
, By Loren Moss
Banco Agrario de Colombia
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Fitch Ratings Affirms Banco Agrario’s Ratings and Improves Outlook from Negative to Stable

"Banagrario's business model is consistent with its key role for the development of the government's agricultural policy,” stated Fitch Ratings.
Posted On April 13, 2017
, 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
Guest contributor Carlos Ferrer is the Vice President and General Manager of Unisys for South, Central and Andean Latin America, and the Head of Financial Services for Latin America
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Guest Contribution: Transforming Financial Services With Analytics

We live in a time when every minute we generate millions of records of information that, in a disorganized way, is stored in servers from different companies or networks in the cloud, often without any clear policies on how to manage, process and take advantage of such...
Posted On January 6, 2016
, By Carlos Ferrer
Photo © Loren Moss
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Fitch: Colombia’s Banks Resistant to Weak Peso and Slow Growth

The strong U.S. dollar, Colombian peso (COP) depreciation and slow growth in Latin American economies are not expected to be serious threats to the credit strengths of Colombia’s largest private banks, says Fitch Ratings. In a strong dollar environment, Colombia’s...
Posted On April 26, 2015
, By Loren Moss
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Colombian Banks’ Disclosures Improve With IFRS Adoption, Says Fitch

The introduction of IFRS reporting in 2015 for Colombian banks is an improvement in financial disclosure, says Fitch Ratings. A majority of IFRS rules became effective for all Colombian financial institutions on Jan. 1, 2015 and introduced material changes in the treatment of...
Posted On March 26, 2015
, By Loren Moss
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How The Digital Revolution is Going to Transform Banking in 2015

As the digital revolution transforms the economy, one megabank chairman warned his staff recently, “The industry faces more change in the next 10 years than there has been in the past 200.” So where will those banking changes emerge in 2015? Let’s use the familiar categories of...
Posted On February 17, 2015
, By Fernando Gómez

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