Radar > 220494

Bancolombia votes to finance infrastructure projects

Bancolombia apuesta por la financiación de infraestructuras

Intel ID : 220494
Synopsis

Grupo Bancolombia seeks to increase its share in the Colombian infrastructure sector, by financing projects that will be executed.

According to Bancolombia's president, Carlos Raúl Yepes, currently the company's market share in the infrastructure sector is approximately 40%. Out of the COP 45bn that will be invested in highways, Bancolombia could finance approximately COP 10bn.
(content in spanish)

La entidad financiera Grupo Bancolombia quiere aumentar su participación en el sector de las infraestructuras en Colombia a través de la financiación de proyectos que se vayan a ejecutar.

Según el presidente de Bancolombia, Carlos Raúl Yepes, actualmente la participación de la entidad en infraestructura está por el orden del 40%, “y de los cerca de COP 45.000m que se van a invertir en las vías, Bancolombia podría financiar aproximadamente COP 10.000m.

Financing Bank


Intel ID 220494
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - Grupo Bancolombia
(31 Dec 2013)
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Financing Bank

Name
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.03 Commercial, Retail & Mortgage Banking
25 Financial Services / 25.01 Banking & Investment

Secondary Sectors (TTRSC)
25.01.05 Corporate, Sovereign & Trade Finance
25 Financial Services / 25.01 Banking & Investment

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Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.