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Colombia

Bancolombia factoring unit lines up US$10m bond issue

The factoring unit of Bancolombia has lined up a peso20bn (US$10.4m) five-year bond issue. (more…)

#bank#bonds#Paid

Bancolombia announces new corporate image

BANCOLOMBIA S.A has changed its corporate image. From now on, the financial group shall be denominated as Grupo Bancolombia (formerly…

#innovation#interest#leasing


Bancoldex new loans flat Jan-Sep

Colombia's state-owned export development bank Bancoldex issued pesos 1.64tn (US$696m) in new loans from January-September, virtually unchanged from (more…)


Bancoldex bond issue raises US$42m

Colombia's state-owned export development bank Bancoldex has raised pesos 100bn through a bond issue (more…)

#bank#bonds#interest


Government creates insurance policy for local textile exports to...

The government will try to protect the sector as tariff breaks derived from the Andean Trade Promotion and Drug Eradication…


DCR upgrades Bancolombia factoring unit ratings

Colombian ratings agency Duff Phelps (DCR) has upgraded its long-term debt rating for the Comercia factoring unit of the country's…

#acquisition#bank#liquidity


Bancoldex loans up 31% in H1

Colombia's state-owned export development bank Bancoldex saw loans grow 31.3 per cent to (more…)

#bank#smes


Bancolombia increases stake in rival factor

Colombia's largest bank Bancolombia has bought an additional 38.96 per cent of local factoring company Comercia's outstanding shares for pesos…


Bancolombia S.A. acquires majority participation in Comercia S.A

On May 8, 2006, BANCOLOMBIA S.A., by means of a transaction duly authorised by the Superintendency of Finance of Colombia,…


Bancoldex ups SME lending 57% in Q1

Colombia's state-owned export development bank Bancoldex saw loans to SMEs jumped  to (more…)

#bank#SME lending#smes


Bancoldex sets US$1bn SME lending target for 2006

Colombia's state-owned export development bank Bancoldex increased lending 9% to 2.2tn pesos in 2005. The bank aims to increase (more…)


Bancoldex ups loans 27% in Jan

Colombia's state-owned export development bank Bancoldex increased lending by 26.6% to (more…)

#bank#smes

Bancolombia buys local factoring company

According to a filing to the local stock exchange, Colombia's largest bank Bancolombia has bought a 98.57% stake in the…

#bank#leasing#Two

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