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Colombia

Decision to be made over Afin Factoring

Investors to meet in Bogota to decide over liquidation (more…)

Developments in Factor Group saga

Lawyer for uncompensated investors wants 10 year trading ban imposed on senior figures from liquidated factoring company (more…)

#bankruptcy#invoice#Paid


Legal changes to solvency limits for factoring companies

New governmental decree amends several previous acts pertaining to factoring (more…)

#compliance


New agricultural factoring service for Colombian farmers

Fund for Agricultural Financing launches specialist product (more…)

#bank#financial services#guarantee


Coface launches direct offering in Colombia

The Group now operates directly in 9 of Latin American countries... (more…)

#credit risk#international#leadership


WB: Colombian businesses well included into financial industry

The study on 'Global Financial Inclusion 2014': 57pc of businesses in the country have a line of credit. (more…)

#bank#banks#guarantees


New factoring act to exclude individuals from service providers

The 1676 Act of August 20, 2013, which amends some factoring practices, will come into force from February 2014. (more…)

#bank#factoring act#factoring law


IFC and Grupo Factoring de Occidente partner to promote...

IFC and Grupo Factoring de Occidente help expand financial services for small businesses. (more…)


Colombian Factor Group president under criminal investigation

A year after the start of liquidation procedures, a factoring company's boss is accused of criminal activity. (more…)


Factoring in Colombia – A Country Review

  Carolina Forero, International Manager, Factoring Bancolombia provides a review of the Colombian factoring market, covering industry environment, market performance, supply…

#international#invoice#management


Market player expects factoring to flourish

Colombian-based Coltefinanciera has set a factoring business target of more than 65 per cent growth in 2012. (more…)

Coltefinanciera reports 85 per cent growth in factoring

The Colombian financial institution, Coltefinanciera, has reported an increase in its factoring portfolio, from January to August 2011, of 85…

#financial institution#investment#leasing

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