“Corruption cost Colombia’s peace process $119M”
Colombia suggests top guerrilla leader killed in Venezuela
Renowned economist designated Colombia’s new finance minister
Truth Commission: Colombia needs radical policy changes to...
Colombia’s controversial moment of truth
At least 49 dead after ‘prison break attempt’...
Colombia’s incoming government begins “total peace” offensive
Colombia investigating bullfighting tragedy
Petro’s first moves to restructure Colombia’s government
Petro and Duque meet over transition of power...
  • About
  • Support
  • Newsletter
  • Contact
Colombia News | Colombia Reports
  • News
    • General
    • Analysis
    • War and peace
    • Elections
    • Economy
    • Culture
    • Sports
    • Science and Tech
  • Travel
    • General
    • Bogota
    • Medellin
    • Cali
    • Cartagena
    • Antioquia
    • Caribbean
    • Pacific
    • Coffee region
    • Amazon
    • Southwest Colombia
    • Northeast Colombia
    • Central Colombia
  • Data
    • Economy
    • Crime and security
    • War and peace
    • Development
    • Cities
    • Regions
    • Provinces
  • Profiles
    • Organized crime
    • Politics
    • Armed conflict
    • Economy
    • Sports
  • Lite
  • Opinion
Economy

Bancolombia gets $100M loan from Bank of Tokyo

by Toni Peters November 23, 2011

Bank Tokyo

Bancolombia on Wednesday announced it will receive $100 million of credit from Japan’s Bank of Tokyo-Mitsubishi.

Alejandra Maria Alzate Ruiz of Bancolombia’s communications department told Colombia Reports, “This is bilateral credit for one year which will help us to meet the financing needs of our clients in Colombia and abroad.”

Alzate Ruiz went on to say, “Beyond the credit conditions, the interesting thing is the recognition – that one of the most important Asian banks is interested in supporting this region.”

The spokesperson for Colombia’s largest bank continued, “They trust Bancolombia, a Colombian bank, enough to extend this credit, despite the volatility of the market and of the international economic conditions; it has a lot to do with the confidence that Colombia inspires in the world.”

The deal was closed November 8.

Bancolombiaeconomyjapan

Trending

  • At least 49 dead after ‘prison break attempt’ in west Colombia

  • Truth Commission: Colombia needs radical policy changes to end conflict

  • Renowned economist designated Colombia’s new finance minister

Related articles

  • Gross domestic product

  • Labor and unemployment

  • Scholars’ drastic solutions for Colombia | Part 1: renegotiating free trade

  • RSS

@2008-2019 - Colombia Reports. All Rights Reserved.
Powered by Digitale Zaken and Parrolabs


Back To Top