Secure shopping
Banking and insurance
The Banking & Insurance sector – often referred to as the lifeblood of the real economy – is of vital importance in the modern credit-driven economic growth model. Among its functions are intermediation between savers and borrowers, ensuring funds are allocated efficiently; support of payment and settlement systems that facilitate trade and international economic relations; and provision of various products that mitigate risk and uncertainty. The accelerating pace of technological change, stricter regulation and shifting consumer habits are reshaping the traditional banking model and pushing the sector towards innovation-led growth.
Activities associated with Banking & Insurance are depositary and non-depositary credit intermediation and related activities, investment banking, securities brokerage, commodity contracts dealing and diverse financial investment activities. The sector also includes insurers, re-insurers and insurance brokerages, pension funds, health and welfare funds, monetary authorities, stock exchanges, and collection and credit agencies.
The insurance sector in Colombia is a competitive market with established players of both local and foreign origin. Slowly, but steadily, insurance products are gaining relevance in Colombia, leading the sector to outgrow the national economy each ...
View more details
Transport infrastructure in Colombia has been improving thanks to the promotion of private participation in the development and operation of roads, ports and airports. Since the start of the Fourth Generation (4G) development programme in 2012, ...
View more details
Colombia ranks among Latin America's largest electric power markets thanks to its vast hydropower generation capacity as well as a large population which fosters consumption. Still, the country has a lot of room to growth due to its scarce ...
View more details
As of 2022, Colombia's energy sector has shown consistent growth and resilience, with the energy sector contributing around 1.73% of the country's total gross domestic product (GDP). The country has made significant strides in expanding its renewable ...
View more details
Latin America is one of the brightest spots for the global renewable power industry, thanks to its massive natural potential. The region had the fourth largest renewable power generation installed capacity in the world as of the end of 2022, ...
View more details
Often labelled as the breadbasket of the world, Latin America is a leading player in the global agribusiness industry. From cereals to poultry meat, and from fishing to fruits, Latin America hosts important producers in the entire agriculture value ...
View more details
The Colombian ICT sector is a competitive market dominated by large multinationals, alongside local players of regional significance, mainly state-owned public utility companies. According to figures from the Colombian Statistics Office (DANE), the ...
View more details
