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Colombia

Bancolombia to maintain SME lending strategy post-merger

Colombia's largest bank Bancolombia will continue with its strategy of product segmentation and increased small- and medium-sized enterprise (SME) lending after its forthcoming merger with two local financial institutions, the bank said in a press release. Bancolombia's shareholders gave the...

#bank#financial institutions#investment

Segurexpo eyes internal credit insurance

Colombian credit insurer Segurexpo is planning an aggressive move into the domestic market, local paper La Repъblica reported. “The goal…

#insurance#payment terms


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.…


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…

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