Investments and Business

President Petro thanks Banco de Occidente for lowering interest rates – Personal Finance – Economy

President Petro thanks Banco de Occidente for lowering interest rates – Personal Finance – Economy

After the Bancos de Occidente and Bogotá announced this Friday that they will reduce their interest rates for clients with credit cards, President Gustavo Petro thanked the financial entities of Grupo Aval for having made said decision.(It may interest you: Banco de Bogotá lowers interest rates for its credit cards) Through his Twitter account, the head of state said: "The AVAL group followed the example. I know that reducing the interest rate means lowering the rate of profit when the Bank of the Republic raises the interest rate. The sacrifice of financial gains will improve the country's economic situation and…
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President Petro thanks Banco de Occidente for lowering interest rates – Personal Finance – Economy

President Petro thanks Banco de Occidente for lowering interest rates – Personal Finance – Economy

After the Western Bank announced this Friday that it lowered its interest rate for its credit cards, President Gustavo Petro thanked the financial institution for having made that decision. (You can read: Be careful! Nequi will have maintenance in the application this March 10)Through his Twitter account, the head of state said: "The AVAL group followed the example. I know that reducing the interest rate means lowering the rate of profit when the Bank of the Republic raises the interest rate. The sacrifice of financial gains will improve the country's economic situation and bank stability."Two weeks ago President Petro asked…
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Easyfly: Slots, VAT and fuel, airline call for tourism – Business – Economy

Easyfly: Slots, VAT and fuel, airline call for tourism – Business – Economy

Although 2022 was a challenging year, not only for easy fly but for all airlines, the company does not lose its focus on continuing to connect the most remote regions of Colombia. In 2023, it expects to sell 20 percent more tickets and open nine more routes.However, Felipe Gutiérrez, general manager of Easyfly, states that additional support from the Government is required to increase regional connectivity and thus give a boost to tourism in these areas, since the increase in the price of fuel and a dollar more expensive ends up hitting the trades. (Also read: If you did not…
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Dale!, this is the new recognition obtained for its user management – Financial Sector – Economy

Dale!, this is the new recognition obtained for its user management – Financial Sector – Economy

valley!, Grupo Aval's digital wallet has just obtained a new recognition, thanks to its commitment to the provision of financial services to Colombian consumers. Pan Finance awarded him the award in the category 'Banking as a Service Provider of the Year & Excellence in Digital Transformation - Colombia 2023'. (Also read: Bancos de Occidente and Bogotá, from Grupo Aval, add low interest rates) valley! It currently has close to one million customers and provides its BaaS services to allies such as LifeMiles, Plurall and Walo, among others, enabling open banking collaboration scenarios (Open Finance9) and finding new ways of loyalty,…
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