Tag: bank
Colombia’s largest bank doubles last year’s 2nd quarter profits
The largest bank in Colombia reported a consolidated profit of $247.2 million from April to June...
Colombian banks among top earners in Latin America
Colombian banks are among the top earners in Latin America, only outdone by banks from Brazil and Chile, according to a study by the Latin American Federation of Banks (Felaban). The study analyzed the profits of banks from 12...
Authorities capture 3 military impersonators from Bogota bank fraud network
Authorities have arrested three members of a criminal gang that impersonated military personnel in order to fraudulently take out money from Bogota banks, newspaper El Espectador reported Thursday. In a joint operation,...
Colombia bank may boost rate if CPI expectations climb
Colombian policy makers said they may raise the country’s benchmark rate if inflation expectations rise above the target, according to minutes of the central bank’s Jan. 31 meeting published today. If Colombia’s economy...
Bancolombia appoints new CEO
Bancolombia SA, Colombia’s largest bank, has appointed Carlos Yepes Jimenez as chief executive officer, the bank said in a statement Friday. Yepes will replace Jorge Londono, who announced earlier in the year that he was...
