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Colombia’s Ministry of Finance and Public Credit (Hacienda) announced that by November, Colombia will restructure its ownership of almost two dozen government-owned companies into a single entity with an expected value of $80 billion USD. The holding company would be comprised of...

Colombia has previously hosted the event four times over the past six decades, mostly recently in 2009 in Medellín.

The funds will significantly reduce the interest rate of some 77,000 mortgages that officials say will be generated by plan.

"This is a government of austerity," said Finance Minister Mauricio Cárdenas about a budget that is below the 2017 levels in real terms.

"These forecasts for Colombia's growth are much higher, compared to the other scenarios in Latin America," said Cárdenas.

"We will continue to reduce spending with the objective of hitting fiscal targets and reinforcing our country’s BBB rating,” said Mauricio Cárdenas.

Findeter recognized Banco de Bogotá for financing an oncology unit at HOMI Foundation – Mercy Hospital in the capital that is helping care for children with cancer.

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...

Colombian petroleum company Ecopetrol (BVC:ECOPETROL, NYSE:EC, TSX:ECP) announced Friday that it opened a $175 million USD ($578 billion COP) line of credit with The Bank of Tokyo-Mitsubishi UFJ,Ltd. (NYSE:MUFG, TSE:MUFG) The loan was approved by Minhacienda, Colombia’s finance...

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...