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Colombia

Credit insurer aims for sales of US$4.8m in 2005

Colombian credit insurer Segurexpo expects to close 2005 with sales of pesos 11.4bn (US$4.8m) commercial manager Josй David Lamk said. The company's performance has been positive, bringing profits of pesos 314m in 2004 from losses of 126m pesos in 2003,...

Bancolombia sees SME lending up 45% in Jan-Oct.

Colombia's largest bank Bancolombia's saw lending to SMEs grow 45% to 1.5tn pesos (US$611m) through October this year compared to…


Bancafe should not be state-run SME financier

State-run bank Bancafe should not be converted into a federal bank specializing in small-and medium- sized enterprise (SME) financing, local…

#bank#banks#Boost


Bancoldex to offer new SME credit line, minister urges...

Colombia's export development bank Bancoldex will approve a new line of credit worth 1.5 trillion pesos (US$587m) for small- and…

#bank#banks#smes


Bancoldex increases loan portfolio to SMEs

Loans from Colombia's state-owned export development bank Bancoldex to micro, small- and medium-sized enterprises will probably account for 35 per…


New credit line for funding SMEs announced

A new credit line from Colombia's state-owned export development bank Bancуldex totalling 1.5trillion pesos (US$584m) with a target market of…

#bank#compliance#funding


Export loans to SMEs up 99%

Loans from Colombia's state-owned export development bank Bancoldex to micro-, small- and medium-sized enterprises grew 99% to 407bn pesos (US$153.4mn)…

#bank#smes#trade


Bancуldex issues US$191m in business loans in Q1

Colombia's state-owned export development bank Banco de Comercio Exterior de Colombia (Bancуldex) issued loans totalling 502bn pesos (US$191m) to the…


US$26m credit line for SMEs

Colombia's state development agency Findeter has launched a new line of credit totalling 70bn pesos (US$26.3m) to boost the country's…


Banks lend SMEs US$161million to May, up 49% from...

Colombia's banking system issued loans totalling 451bn pesos (US$161m) to small- and medium-sized enterprises (SMEs) this year to May, up…

#bank#guarantee#guarantees


Electronic loans to SMEs of US$15.6m via B2B portal...

Colombia's largest bank, Bancolombia (www.bancolombia.com), paid out in 2002 46.4bn pesos (US$15.6m) through its B2B portal Credipagos Virtual, said electronic…


Bancolombia on track to fulfil lending target to SMEs

Colombian bank Bancolombia (NYSE: CIB) loaned more than 15.3bn pesos (US$5.4mn) to some 5,000 small- and medium-sized enterprises (SMEs) in…


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