The real headline grabber should be Banco de la República, which — in its infinite wisdom — has chosen to ignore the other 99% who understand that 13.25% overnight rates choke off an economy.
The General Shareholders’ Meeting of 2015 took place yesterday for Empresa Telefónica de Bogotá (ETB), where an improvement in the telecom’s balance sheet of an increase in equity (25.6%) and a decrease in liabilities (29.1%) during the last three years was the highlight,...