Bogota will maintain a strong operating performance and manageable debt levels in Fitch's view. The district is well positioned to overcome the current global and national adverse economic scenario, says the ratings agency
The U.S. Embassy is tracking ongoing protests outside the U.S. Embassy (Bogotá, Colombia) along Avenidas Esperanza and El Dorado. Clashes with police and violent demonstrations have been reported.
Bogotá firm ADDI has raised $15 million USD in venture capital to grow ADDI’s business in Colombia and to expand to new Latin American markets. Addi provides consumer point of sale financing for retail purchases as an alternative to credit cards.
The Colombian government continues to arrange humanitarian flights to repatriate its citizens stranded abroad. To participate, Colombians must have previously registered with their respective Colombian Consulates to qualify for these flights, and must pay the ticket cost.
Fitch Ratings has assigned Banco GNB Sudameris S.A.'s (GNB) upcoming issue of U.S. dollar-denominated, 11-year Tier 2 notes an expected long-term rating of 'BB-(EXP)'.
According to experts and attorneys at Expat Group, Colombia’s foreign ministry and immigration authority, Migración Colombia have taken measures to accommodate those foreign nationals that find themselves within Colombia’s borders during the Coronavirus COVID-19 Pandemic and the...