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The emphasis of monetary policy will not only be on reaching a sufficiently contractive level, but on the duration of that stance.

Bancolombia projects an April range of $3,625 COP for the peso following a 2.1% March gain and Brent crude’s rise to $118 USD per barrel.<

The Colombian central bank adjusts its stance as global energy instability and persistent internal pressures drive inflation concerns.

Looking ahead, Bancolombia projects the USD/COP exchange rate to trade between $4,000 COP and $4,200 COP over the next month.

The project, led by Spanish firm Sacyr covers 128 km including new roads, bypasses, upgrades, and maintenance of 244 km of roadway.

Unisys Corporation (NYSE: UIS) today announced that Bancolombia (NYSE: CIB) has selected Unisys to support the bank’s digital transformation. Unisys will provide secure digital workplace service capabilities supporting more than 24,000 employees, including a help desk that...

Two years after purchasing 40% of Guatemala’s Grupo Agromercantil Holding, parent company of Grupo Financiero Agromercantil and Banco Agromercantil de Guatemala, Bancolombia (NYSE:CIB BVC:BCOLOMBIA), based in Medellín, Colombia has moved to take a controlling interest in the...

City backed business incubator Ruta-N announced yesterday a deal with the University of Wisconsin (USA) to establish a $2+ million laboratory in part of the space recently abandoned by Hewlett Packard. The initial term will be for three years. The venture expects to count on...