Bancoldex will place the first social bonds on the Colombian Stock Exchange

Bancóldex will place $ 300 billion in social bonds in the Colombian market.

It will be the first time that this type of bonds will be placed on the Colombian Stock Exchange (BVC).

The objective of the issue -whose amount can be expanded to $ 400 billion, depending on market demand- is to raise funds so that the bank can offer loans focused on clients such as small and medium-sized entrepreneurs, as well as victims of the armed conflict.

By Valora.