Colombia’s Business Development Bank (BANCOLDEX) | Export Credit Agency (ECA) in Colombia

Export Credit Agency (ECA) in Colombia

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Colombia's Business Development Bank (BANCOLDEX) |
Export Credit Agency (ECA) in Colombia
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About Colombia's Business Development Bank

Colombia’s Business Development Bank (BANCOLDEX) is Colombia’s national development bank and is designed to promote business growth and foreign trade.

The bank offers a range of different financial and non-financial solutions to promote business development in the country.

These include a strong focus on promoting exports and supporting productivity and competitiveness with an emphasis on micro, small and medium-sized enterprises (MSMEs) while also contributing to environmental protection and climate change mitigation.

BANCOLDEX also act as an instrument to restore confidence and maintain the fabric of business in areas impacted by disaster or suffering from deteriorated economic conditions.

A summary of Colombia's Business Development Bank

Products and services offered by Colombia's Business Development Bank

  • Rediscount and microfinance credit
  • Foreign trade finance
  • Leasing
  • Document discount
  • Direct credit
  • Guarantees

Raw Materials – From tobacco to spices, gold to bronze, commodities represent a large proportion of our trade finance portfolio

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Finished Goods – Our innovative structuring capabilities allow us to put together complex finance structures, even if the end goods are finished

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Metals – From scrap metal to alloys, we help traders and distributors access trade, receivable or PO finance for iron, steel and non-ferrous metals

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Are you an exporter based in Colombia?

See our TFG Colombia Export guide here .

Key Stats

Name:

Colombia's Business Development Bank

Country:

Colombia, Americas

CEO:

Javier Diaz Fajardo (President)

Founded:

1992

Employees:

421

Government:

Colombia Ministry of Foreign Trade

Company Number:

--

Address:

Bogotá: Street 28 No. 13 A 15, floor 39 al 42 P.Z.110311

Email Address:

contactenos@bancoldex.com

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About the Author

Elcyn Domingo is responsible for the TFG Weekly Trade Briefings at Trade Finance Global.

She holds a Bachelor of Science degree in Information and Technology and is passionate about how SMEs can use new technologies to overcome challenges for business growth, with regard to both digital and sustainable models for trade.

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