To fight the highest inflation Colombia has seen in 15 years, the nation's central bank raised its benchmark interest rate, up 25 basis points to 7.5%, for the tenth consecutive month.
The 5th edition of Bonds, Loans & Derivatives Andes 2016 was a massive success seeing over 380 senior level decision makers attending this ‘by invitation only’ event on the 23rd – 24th of February 2016 at The JW Marriott, Bogota. During the 2 days, senior level executives...
Medellín based SURA Asset Management and Peru’s Credicorp Capital have announced a strategic alliance creating a new fund in order to invest $1.3 billion COP (approximately $400 million USD) in Colombia’s “fourth generation” (4G) roadway infrastructure projects. The...
For the second year in a row, Finance Colombia will be participating as a media sponsor of Bonds, Loans & Derivatives Andes, at the JW Marriott in Bogotá February 23 & 24th. As the only conference in the Andean region bringing together Colombian and Peruvian capital...
Mauricio Cardenas Santamaria (pictured above), Minister of Finance and Public Credit in Colombia will be delivering a keynote address at Bonds, Loans & Derivatives Andes conference next month, February 23 & 24. Speaking for the third consecutive year, the Finance...
Colombia’s unemployment rate dropped in November to 7.3%, announced Minhacienda, Colombia’s Finance Ministry, along with statistics agency DANE yesterday. The new rate reflects a drop of 0.4 percentage points over the 2014 statistic. The rate in the 13 largest cities was measured...
Yesterday, President Juan Manuel Santos, along with Finance Minister Mauricio Cardenas and Labor Minister Luis Eduardo Garzón, signed into law Decreto (Decree) 2552 of 2015, setting the Colombian monthly minimum wage at $689,455 pesos. This power was given to the executive branch...
Beginning Wednesday, September 16th and 17th, 20 US companies will be visiting Colombia, accompanied by the US Chamber of Commerce and the US State Department. The delegation will be meeting with top Colombian government representatives to discuss different topics relevant to...
Yesterday, Colombia’s Development Finance Agency, FDN (Financiera Nacional de Desarrollo) announced the successful financing of the first three 4G (Fourth Generation) highway concessions, expanding the country’s ground transportation infrastructure. This will facilitate...