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Latest articles from Colombia

Bancolombia

August 1, 2005

Last year proved stellar for Bancolombia, one of Latin America’s oldest banks and the largest in Colombia in terms of equity and assets. The institution reported pre-tax profits of $339m, up 53%, ranking it as one of the world’s best performing banks.
Earnings reported so far in 2005 are also positive. “The bank is growing at a healthy rate thanks to our basic strategy of sticking to a wide range of retail offerings,” says Jorge Londoño, president of Bancolombia.

El Dorado finally emerges

May 2, 2003

Spanish banks in Colombia were burnt by the economic downturn, but domestic and foreign players consider the worst to be over. 

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