Bancoldex to boost micro and SME lending by 16%

Colombia's state-owned export development bank Banco de Comercio Exterior de Colombia (Bancóldex) aims to boost lending to small- and medium-sized enterprises (SMEs) and micro enterprises by 16% this year, Bancóldex president Gusta

Bancolombia expands services to SMEs

Colombia's largest bank Bancolombia announced a new programme designed to provide consulting and support services to small- and medium-sized enterprises (SMEs).

FNG leads to boost to SME lending

The Colombian loan guarantee fund Fondo Nacional de Garantнas (FNG) is playing a key role in boosting banks' lending to micro, small- and medium-sized enterprises (SMEs), Colombia's deputy minister of business development Carlos Alberto Zarruk tol

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

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 press reported Nancy Barry, president of Banco Mundial de la Mujer.