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Fitch Ratings: Closer Alignment with Basel III Standards Will Improve Credit Profile of Colombian Banks

Ongoing progress to adopt Basel III standards in Colombia should improve both the credit profiles and capital adequacy of banks, said Fitch Ratings
Posted On June 9, 2018
, By
Bancoldex President Luis Fernando Castro
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Fitch Affirms Its Rating for Bancoldex at BBB with a Stable Outlook

The ratings of the development bank, which Fitch terms as an “integral arm of the state,” remain aligned with the ratings of Colombia.
Posted On November 20, 2017
, By
bancolombia medellin
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Fitch Ratings Affirms Bancolombia’s BBB Rating and Revises Outlook from Negative to Stable

Fitch Ratings based its view on Bancolombia’s improved operating efficiency and “solid performance in 2016.”
Posted On July 2, 2017
, By
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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




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