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CEO of Troura saved a millionaire fortune from Silicon Valley Bank – Financial Sector – Economy

CEO of Troura saved a millionaire fortune from Silicon Valley Bank – Financial Sector – Economy

Daniel Bilbao, CEO of Troura and Colombian businessman spoke with blue spoke, given that his company had Silicon Valley Bank, whose fall last week became a headache for more than one businessman in the world. As Bilbao narrated, Troura had 13 million dollars in funding, of which 1 million was found in subsidiaries in Latin America and the remaining 12 in Silicon Valley Bank, this until Thursday at 8 am These funds would be destined for the growth of your company: “We are a start up that has a digital identity, when you open a bank account, we are the…
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Pension savings: effects of the Petro proposal on pensions – Financial Sector – Economy

Pension savings: effects of the Petro proposal on pensions – Financial Sector – Economy

The idea of ​​President Gustavo Petro to invite the Pension Fund Administrators (AFP) to return the pension savings of Colombians to local investments it can be more than counterproductive, according to experts. (Also read: Petro asks pension funds to bring member savings to the country). Petro asked this morning that foreign investments return to the country after the bankruptcy of Silicon Valley Bank (SVB) and two other banks in the United States. According to the president, "55% of the pension fund portfolio, that is, the stock of contributors' savings, is outside the country."Given the collapse of foreign markets, I ask…
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Pension reform: this is how you can check your history and weeks of contributions – Sectors – Economy

Pension reform: this is how you can check your history and weeks of contributions – Sectors – Economy

The pension reform will have a new stage after its structuring by the National Government and subsequent agreement with the unions and unions. It will be in the hands of the Congress of the Republic from March 22 to start the discussion. The draft of the planet reform that the weeks of contribution, as well as the age, are maintained. That is to say, men will be able to retire at 62 years of age and women at 57 years of age with the same 1,300 weeks of contributions that have been required up to now.In case you are still…
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Asofondos says that diversity is wanted for savings to grow – Sectors – Economy

Asofondos says that diversity is wanted for savings to grow – Sectors – Economy

The investments made by the Pension Fund Administrators (AFP) abroad have had a better performance than those made in the domestic market, as just revealed by the Colombian Association of Pension and Severance Fund Administrators (Asofondos) after pointing out that if 100 pesos had been invested in international shares in the last two years, today they would have 143 pesos and if the option had been fixed income abroad they would have 117 pesos.(Also read: Pensions: the risks of another Petro proposal on worker savings) Said Santiago Montenegro, president of Asofondos, in response to the invitation of the President Gustavo…
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