Bank Announces Financial Relief for Earthquake Victims - Bancolombia
3 Articles
3 Articles
Several entities reduced mortgage rates to 8% for those affected by the shock earthquake, and announced other financial reliefs to reactivate the economy
The country’s main banks agreed to reduce to 8% annual cash the rate of housing credits for families affected by the earthquake of August 10. The rate will continue throughout the life of the loan. The measure was agreed with Grupo Aval, Banco GNB Sudameris and Grupo Bolívar, following a request from President Abelardo de la Espriella. Bancolombia had already announced a similar measure, with a stock exchange of more than $5 trillion for financi…
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