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//colombia
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Baker & McKenzie: Colombia & Brasil Now Prime M&A Target Markets

Global law firm Baker & McKenzie has launched the Cross Border M&A Index, a study in conjunction with Merger Market, which forecasts a 10% growth in cross border M&A transactions driven primarily by the US, EU, and Asian markets. Still, of the $375 billion (USD)...
Posted On November 9, 2015
, By Loren Moss
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IDB Loans $500 Million USD To Back Colombia Financial Sector Reforms

The Inter-American Development Bank (IDB) has approved a $500 million loan that will support reforms of Colombia’s financial system and contribute to the economic growth of the country. The reforms are designed to promote an increase in financing for productive development,...
Posted On November 9, 2015
, By Loren Moss
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Fitch: Banco Agromercantil de Guatemala Acquisition Should Have No Impact on Bancolombia’s Creditworthiness

On Sept. 11, 2015, Bancolombia announced an agreement to acquire an additional 20% stake in Banco Agromercantil de Guatemala which would bring the bank’s share of Banco Agromercantil de Guatemala’s equity to 60%. Once the transaction is approved by regulators in both...
Posted On November 9, 2015
, By Loren Moss
colombian peso
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Credivalores Closes Syndicated Loan For COP $270 Billion (US $ 93 Million)

Credivalores-Crediservicios SAS, a large consumer lender in Colombia, announced on October 13 the successful closing of a COP $ 270,000 million ($93 million USD) syndicated structured loan with a tenor of 60 months and a revolving availability period of 3 years. This new facility...
Posted On November 9, 2015
, By Loren Moss
Epson textile printers
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TechnoMultimedia InfoComm Electronic Expo Held This Week In Bogotá

This week, Corferias, Bogotá’s flagship convention facility, is host to TecnoMultimedia InfoComm Colombia; Colombia’s combined electronics and multimedia trade show. The event combines academic courses from InfoComm International along with the CEDIA (Custom Electronic Design...
Posted On November 9, 2015
, By Loren Moss
Gifliola Aycardi, Nicolas Loaiza, bodytech
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Gala Fetes 2015 Endeavor Colombian Entrepreneurship Award Winners

The Country Club of Bogota was the host for the Second Endeavor Colombia Gala on the 28th of October, bringing together 200 business leaders dedicated to promoting social development by leveraging the the high impact of entrepreneurship. In addition to the business leaders...
Posted On November 9, 2015
, By Loren Moss
bancolombia
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Bancolombia Analysis: Central Bank Responds to Inflationary Challenges with a 50 Basis Point Rate Hike

At its October meeting, the Board of the Central Bank decided by majority to give a 50-bp hike to the repo rate to 5.25%. This adjustment was above our expectation and market consensus, which aimed at a 25-bp increase. In addition, the Bank reactivated auctions of FX call options...
Posted On November 4, 2015
, By Loren Moss
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Fitch: El Nino Testing Colombia Electricity Regulatory Framework

Fitch Ratings-New York-29 October 2015: The weather phenomenon known as El Nino, which causes lower water precipitation in Colombia, is currently putting the country’s electricity regulatory framework to the test, according to Fitch Ratings. A drought that could last until...
Posted On October 30, 2015
, By Loren Moss
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Bogotá ICANN Forum Underscores Internet Developments, Reveals Fundamental Changes Coming. Avianca First To Adopt gTLD

The Internet Corporation For assigned Names and Numbers (ICANN) has concluded its inaugural forum on September 28 in Bogotá, held to address topics related to the Domain Name System, internet infrastructure, and the new gTLD program. The LAC-i-Roadshow is part of the regional...
Posted On October 23, 2015
, By Loren Moss
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Ágora Bogotá Convention Center To Open In 2017, Major Events Already Booked

Already under construction, the Ágora Bogotá International Convention Center is slated to open the first trimester of 2017, and has already booked significant events such as the World Neurosurgery Congress in 2021, and the One Young World youth event. The new convention center...
Posted On October 18, 2015
, By Loren Moss
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