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Banco de Bogotá, member of financial conglomerate Grupo Aval, was named as the “Best Bank in Colombia” for 2019 according to financial magazine Global Finance. The selection was made by the editors of Global Finance, after  consultations with financial executives,...

“The importance of BBVA’s work in digital banking across the region cannot be overstated,” wrote the publication.

"We have a lot of noise in Colombia — I think it will explode in the next 24 months," says Raúl Rodríguez of NICE Systems.

The $600 million USD of unsecured notes will be used to repay a senior bridge loan due next year on January 11.

The first international syndicated facility arranged for BAC Guatemala was 1.7x oversubscribed, said Bladex.

Fitch based its improved outlook on Banco de Bogotá's "solid and consistent financial performance" and "sound asset quality and reserves."

The downgrades for two of Colombia's largest banks come just weeks after a series of negative ratings actions throughout the nation.

Though Bancolombia's recapitalization plan may yield dividends, "Fitch does not expect capitalization to return to levels reported in 2014 during this period."

2015 was characterized by economic deceleration and a general market uncertainty attributed to factors such as the Colombian peso’s devaluation, the fall in petroleum prices globally, a higher rate of inflation, the rise in interest rates, peace process negotiations, and the high...

Grupo Inmovis entered and won Colombian banking conglomerate Grupo Aval’s third annual financial technology innovation challenge, with their mobile real estate app Avanca. “How do I find the perfect house according to my budget?” is the question Inmovis hopes Colombians will...