Court could revoke Colombia’s 2019 budget financing
Dozens of citizens, including Colombia’s former vice-president, have asked the...
Tag: finance
Santos announces $493M cut in Colombia government spending
Colombian President Juan Manuel Santos announced on Monday that the government is planning to cut...
Colombia places last in pilot international financial literacy exam
Colombia finished at the bottom in a 2012 international financial literacy test, according to a...
6 Colombia companies accused of running pyramid scheme
A Colombian business and commerce regulation body warned on Monday against six firms accused of...
Colombian tech company receives major investment for loan platform
A tech company aiming to help connect people seeking personal loans with financial institutions...
‘InterBolsa executives should remain free during trial’: Colombia Inspector General
The Inspector General’s Office requests that three former executives of the now defunct brokerage...
Colombia ‘sets excellent example’ for increasing banking access: Dutch Queen
Queen Maxima of the Netherlands on Wednesday lauded Colombia as an excellent example of how to...
Colombia free trade pact ‘showing good results’: US
The Free Trade Agreement (FTA) between Colombia and the U.S. showed positive results for both countries since May, according to U.S. Trade representative Ron Kirk. Following a bilateral trade meeting, Ron Kirk revealed that the...
Brazil’s 2nd bank to open offices in Colombia
Brazil’s second largest bank Itau reported has been authorizated to open an office in Colombia, said international financial media Wednesday. Itau is currently Brazil’s most profitable and second largest bank by...
Colombian banks make record $3.8B profit in 2011
Colombian banks made a record $3.8 billion profit in 2011, an increase of $560 million on last year. The country’s Financial Superintendent revealed the growing banking industry sector in its annual report Tuesday....
Colombia’s financial markets will feel effects of Europe’s crisis: Analysts
Financial analysts predict that investor confidence in Colombia’s stock market will be affected by Europe’s financial crisis, reported Caracol Radio Tuesday. Analysts are worried that possible debt crisis in Spain...
Colombian financial sector profits down this year compared to last
The Colombian financial industry made fewer profits this year compared to their gains over the same period a year ago. The central finance body of Colombia announced that Colombia’s financial sector grew to $382 billion in...
