Browsing Tag

Colombia

CAF announced its new president

Colombian Sergio Díaz-Granados assumed the executive presidency of the Development Bank of Latin America (CAF) with the aim of promoting the economic and social reactivation of the region. In a ceremony held at the headquarters of the…

Unemployment in Colombia falls to 14.3 %

The unemployment rate in Colombia fell to 14.3 % in July, a reduction of 5.9 percentage points with respect to the same month of the previous year, according to data published by the National Administrative Department of Statistics (NADS).…

BBVA brings the “Aqua” card to Latin America

BBVA will take its Aqua card model to Mexico, where more than one million cards have already been issued since June, and also to Peru and Colombia, the institution reported in a statement. The Aqua card is based on a dynamic CVV and the…

Colombia issues bonds with blockchain technology

The Innovation Committee of the Financial Superintendence of Colombia (SFC) notified the approval of the first bond issue in the second market using blockchain technology and smart contracts, in order to monitor them in all phases of the…

Central Bank of Colombia maintains interest rates

The board of directors of the Banco de la República de Colombia decided by a majority of six votes to one to maintain interest rates at 1.75 %, as reported in a statement by the entity after its monetary policy meeting. Among other…

Colombia January unemployment rate was 17.3 %

Colombia's unemployment rate stood at 17.3 % in January, compared to 13 % in the same month the previous year, with a total of 4.16 million unemployed people in the Andean country during the first month of the year, according to data…

BID Annual Meeting will address economic recovery

This March 17, the 61st annual meeting of the Inter-American Development Bank (BID) will take place, where economic and financial leaders will debate through a virtual meeting issues related to economic recovery and sustainable growth in…