The Bank of Foreign Trade ( es, Banco de Comercio Exterior), Bancóldex, is a
state owned
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownersh ...
commercial bank
A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit.
It can also refer to a bank, or a division of a large bank, which deals with cor ...
that operates as Colombia's entrepreneurial development and export-import bank, providing long- and short-term financing and specialised financial products to support Colombian exports and other foreign trade-related activities with the goal to modernise companies in the fields of commerce, industry and tourism, and giving priority to
small and medium enterprises
Small and medium-sized enterprises (SMEs) or small and medium-sized businesses (SMBs) are businesses whose personnel and revenue numbers fall below certain limits. The abbreviation "SME" is used by international organizations such as the World Bank ...
. Bancóldex is incorporated as a mixed-capital corporation that operates under the same legal regime as private sector financial institutions. Bancoldex has been investing over 2 Billion in Private and Government equity in the U.S and London Real estate Market as pension securities and economic development for the hedge fund. Bancoldex also repurchase Andorran Banking Giant Andbank in 2014, that have left the family for 30 years.
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Government agencies established in 1991
Export credit agencies
Ministry of Commerce, Industry and Tourism (Colombia)
Colombian companies established in 1991
Banks established in 1991