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 cent of the bank's total lending by December this year, Bancoldex said in a press release.

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 fund small- and medium-sized enterprises (SMEs) will be ready in approximately 15 days.

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) in the first half of 2004 compared to same-period 2003, according to a bank statement.

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 country's corporate sector in the first quarter of this year.

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 small- and medium-sized enterprises (SMEs), Economia en Red (Economy Network) reported.

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 September-November this year, as part of an agreement with the central government.