Jaime Gilinski: Colombia’s ghost banker
Colombia’s second richest man, Jaime Gilinski, likes to avoid attention as the legitimacy of the country’s “nouveau riche” is questionable. The banking mogul and his family over the past decades…
Colombia’s second richest man, Jaime Gilinski, likes to avoid attention as the legitimacy of the country’s “nouveau riche” is questionable. The banking mogul and his family over the past decades…
Colombia’s industry watchdog slapped the banking and construction corporation of the country’s richest man with a major fine, claiming its corruption violated free market principles. The fine imposed on Luis…
Colombia’s government neglect is impeding the country’s economic recovery as entrepreneurs are blacklisted by banks who are waiting for the approval of a grace period. Congress approved the “clean slate…
President Ivan Duque and the opposition fiercely criticized Colombia’s banks over their alleged lack of cooperation to help the country through the coronavirus pandemic. Both the central bank and the…
President Ivan Duque called on the “solidarity” of Colombia’s financial sector on Sunday to help minimize the incalculable damage of the coronavirus pandemic on the country’s economy. The president’s call…
The Medellin city government has opened a state bank that seeks to diminish poor residents’ dependence on loan sharks associated with organized crime. As private banks are hardly accessible for…
Colombia is a land of opportunity, but not if you’re lower or middle class. In order to combat this economic inequality the country’s government would have to take up one…
In the last 20 years, Colombia has risen from being a low-income country to a medium-income country, but there are still problems with a key part of economic growth: Ordinary…
Colombian bank Grupo Aval Acciones y Valores, the largest by assets in all of Spanish speaking Latin America, this week became the country’s 12th company to list on the NYSE.