Colombia’s Grupo Carvajal is no ordinary family-owned company. Its ability to innovate stands as an example for other corporations.
Category: Colombia
Posted inDaily Brief
Colombia Seeks Loans
Colombia is seeking loans of another $1.2 billion from the Inter American Development Bank (IADB). The highly-indebted country, which accounted for 12 percent of total lending approved by the IADB in 2004, has recently announced it would disburse $1.3 billion in emergency loans extended by the IADB in 2003. IADB president Enrique Iglesias has said that the bank plans to experiment in extending loans to Colombia in Colombian pesos.
Posted inDaily Brief
Heineken Eyes Bavaria
Heineken announced that it is among companies interested in buying Colombia’s Grupo Empresarial Bavaria as demand for beer in emerging markets outpaces consumption in the US and Western Europe. Fourteen percent of Heineken’s sales last year came from the Americas.
Posted inMagazine
Coming in from the Cold
The government of Alvaro Uribe has pushed hard to improve Colombian’s fiscal profile – and with some success. Now it must lure back wary investors.
Posted inMagazine
Colombia Securitizes Mortgages
Securitization – repackaging mortgages into tradable securities – became popular in Colombia long before it started to catch on in other Latin American countries. Now Colombia has taken another important step forward […]
Posted inMagazine
Opening New Paths
Late in 2004, Colombia broke with tradition. In place of its usual year-end dollar bonds to pre-fund spending in the year ahead, it issued landmark peso-denominated global bonds. The CP954.24 […]
Posted inMagazine
A Playground for Multilaterals
Enlightened regulation has made Colombia’s debt market a launch pad for innovative new structures from domestic and international issuers.
Posted inMagazine
Running Out of Time
Colombia will soon become a net importer of oil unless it can attract more investment. International oil companies want the government to offer them a better deal.
Posted inMagazine
Divide and Capitalize
Colombia’s Grupo Empresarial Antioqueño is a dominant player in the financial services, food and cement industries. But its complex structure is limiting access to capital, a problem GEA’s bosses are trying to overcome.
Posted inMagazine
No Small Tasks Lie Ahead
Roberto Junguito, Colombia’s new finance minister, has his work cut out for him. He must deal with the country’s budget
deficit, wage fiscal war on the guerillas and grow the
economy.