Davivienda buys HSBC in Central America
Colombian bank Davivienda announced Tuesday it is taking over the operation of HSBC in Costa Rica, El Salvador and Honduras for $801 million. Davivienda, Colombia’s third largest bank, already has…
Colombian bank Davivienda announced Tuesday it is taking over the operation of HSBC in Costa Rica, El Salvador and Honduras for $801 million. Davivienda, Colombia’s third largest bank, already has…
Eleven of Colombia’s 192 credit unions, serving 600,000 Colombians, formed a trade association. According to the Credit Union Times, the Colombian Association of Financial and Savings Cooperatives met this week with…
The president of Colombia’s central bank has said it aims to bring down inflation in 2012. In an interview with Dow Jones Thursday, Jose Dario Uribe said that even though…
Colombia’s largest private oil producer Pacific Rubiales and the state-run petroleum company Ecopetrol were the most traded companies in the Integrated Latin American Market, MILA, in 2011. Chilean and Peruvian…
Colombia could recuperate historic coffee production levels in four years if special varieties are planted, said the country’s growers federation Friday, in financial publication Portafolio. Fedecafe president Luis Genaro Muñoz said that if the…
Colombia’s Constitutional Court has stepped in to stop the demolition of homes belonging to 120 Bogota families who were evicted earlier this week, local media reported Friday. The families were forced out…
The president of Grupo Aval, one of Colombia’s biggest banking groups, has said his company is prepared to face the eventual backlash of the European crisis. Luis Carlos Sarmiento said that lessons…
Colombia’s financial regulator has ruled out any wrongdoing by traders or investors during the sudden drop of EEB share prices in December. The investigation was sparked after Bogota’s state-owned electricity…
An oil union leader and his wife were killed Tuesday in front of their children in southwestern Colombia. Mauricio Arrendondo and his wife Janeth Ordoñez Carlosama were assassinated during the…