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"Proyectos Inmobilarios" platform will begin with 200 real estate projects and expand to include many more.

Bancolombia's digital transactions have increased 26% so far in 2017 compared to the same period of time in 2016.

The Clave Dinámica aims to minimize electronic fraud and "doesn't require customers to memorize anything," said Luz María Velásquez of Bancolombia.

"For now, the Banco de la República is likely to continue to move in 25-basis-point steps," said Capital Economics.

If the story plays out as expected, Bancolombia believes that 2015 and 2016 will end up being bumps in the road in an ongoing growth trajectory.

Users voiced their frustration on Twitter, offering up everything from concerns about security to jokes at the bank's expense.

"This demonstrates confidence that Grupo Bancolombia and Agrícola has in El Salvador," said Juan Carlos Mora of Grupo Bancolombia.

Parque Arauco S.A. (SSE: PARAUCO) (Bloomberg: PARAUCO:CI) announced that last month it completed the acquisition of the remaining 45% equity interest in Inversiones Inmobiliarias Arauco Alameda S.A.S (“IARA”), paying Grupo Bancolombia (“Bancolombia”) COP 222,489 million. Parque...