Government seeks US$1.5 bn emergency credit line
Colombia will seek an emergency credit line of up to $1.5 billion from commercial and multilateral lenders to be used in an extreme case of financial need, the Finance Ministry…
Colombia will seek an emergency credit line of up to $1.5 billion from commercial and multilateral lenders to be used in an extreme case of financial need, the Finance Ministry…
Bancolombia SA, Colombia’s biggest lender, climbed the most in two weeks in Bogota trading after third-quarter profit increased 16 percent, topping analyst estimates. Net income rose to 367 billion pesos…
Colombia’s Vice President Francisco Santos said interest rates are too high and the central bank should reduce them in a bid shore up the economy. “Inflation is taming down, and…
The Colombian government’s consolidated budget ended the first half of the year with a surplus of 6.80 trillion Colombian pesos (US$ 2.84 billion), equivalent to 1.4% of the country’s gross…
The Colombian stock index fell in early session Monday to a level not seen since June 2006 as the market is dragged down by the decline of stocks in New…
Colombian state oil company Ecopetrol denies that a Dutch court seized 7 billion euro (US$ 10 million) worth of assets in the Netherlands, as claimed by the lawyer of Llanos…
The Colombian benchmark stock index ended down 5.6% Friday at its lowest level since June 2006 as markets all over the world tanked. The IGBC fell to 6,671.42 points, marking…
The Colombian peso weakened Friday, while the stock market tanked following a general selloff in world markets. The peso depreciated to 2,398.3 to the dollar as of 9:15 a.m. local…
Colombian imports rose 13.9 percent in August to $3.4 billion versus the same month last year, the government’s statistics department said on Thursday. Imports in the January-August period rose 22.7…