Leasing Bancolombia sells COP220B debt
Leasing Bancolombia SA, the leasing arm of Colombia’s biggest lender, sold COP220 billion ($121 million) worth of bonds in the local market. Leasing Bancolombia sold five- and 10-year fixed-rate securities…
Leasing Bancolombia SA, the leasing arm of Colombia’s biggest lender, sold COP220 billion ($121 million) worth of bonds in the local market. Leasing Bancolombia sold five- and 10-year fixed-rate securities…
Colombia’s ambassador to Venezuela Maria Luisa Chiappe says that the restoration of ties between the two countries is a “priority,” as Colombia is seeking to revive bilateral trade with its…
The Colombian peso fell on Tuesday after an eight month high following a fall in the price of oil, the country’s biggest export. The peso fell 0.3% to 1,893.10 per…
Colombia may obtain an investment-grade rating should it follow through with plans to create an oil stabilization fund for “counter-cyclical” savings and to pay down debt, RBS Securities Inc. said.…
The International Monetary Fund approved an arrangement Friday where Colombia will have access to a loan of $3.46 billion over the course of a year, under the fund’s flexible credit…
The Colombian peso has dropped to a three-month low due to European economic uncertainty, reports Businessweek. Concerns that Greece’s debt crisis could spread to other indebted nations have curbed demand…
Colombia’s central bank, Banco de la Republica, announced Thursday that the country’s foreign debt rose by more than $7 billion between 2008 and 2009, reported news source CM&. According to…
Ratings agency Moody’s gave Medellin an “outstanding” grade for its financial performance and investment levels in a report released Monday, reports Caracol Radio. The investors service, which provides financial research…
Colombia’s Ministry of Finance stated Wednesday that members of the government and Congress had approved a $500 million loan from the World Bank, to finance this year’s budget. The plan…