In their drive for greater regional presence,
Colombia’s banks have proved a competitive bunch.
The country’s lenders have taken advantage of
strong domestic growth, as well as regional opportunities
arising from European banks’ exits and
strengthening links with Central America.
Bank of the Year, Colombia: Banco de Bogotá
Colombian banks are competing aggressively at home and abroad. Banco de Bogotá’s numbers show a conservative
The country’s three biggest banks, Banco de
Bogotá, Bancolombia and Davivienda, have all announced
acquisitions in the recent past, buying banks outside the
Davivienda picked up HSBC’s businesses in Costa
Rica, El Salvador and Honduras for $801 million last
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