communications

Financial inclusion and the deepening of credit in Colombia have had very positive developments in recent years. The figures show, on the one hand, that the deepening went from 33% of GDP in 2010 to about 49% in 2021. And, on the other hand, that the financial inclusion indicator went from 62% in 2010 to … Read more

The economic recovery has also implied that interest rates are beginning to normalize, with which loans are becoming more and more expensive. In fact, last week the Financial Superintendence of Colombia (SFC) reported that for August the usury rate will be 33.32%, making credit card consumption this month the most expensive in the last five … Read more

In Colombia, the construction sector contributes 4.7% of GDP, however, up to 11% of the projects do not obtain financing from the banking sector, a fact that prompted the birth of It’s fake. The fintech specialized in this segment will consolidate its operation in Medellín and Bogotá this year. The company, which offers solutions to … Read more

Segurexpo, an insurer that offers solutions in the credit and compliance lines, and which was recently acquired by the International Consortium of Credit Insurers (Ciac), belonging to the Cesce Group, is already preparing to launch its new image that will reflect the concept of its parent company. Manuel Arévalo, general manager of the company, highlighted … Read more