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Municipalities make up most of the departments of Colombia with 1,104 municipalities . Each one of them is led by a mayor ( alcalde ) elected by popular vote and represents the maximum executive government official at a municipality level under the mandate of the governor of their department which is a representative of all municipalities in ...
The Bank of the Republic (Spanish: Banco de la República) is the central bank of Colombia. It was initially established under the regeneration era in 1880. Its main modern functions, under the new Colombian constitution were detailed by Congress according to Ley 31 de 1992. One of them is the issuance of the Colombian currency, the peso.
The Unidad de Fomento (UF) is a unit of account used in Chile. It is a non-circulating currency; [1] the exchange rate between the UF and the Chilean peso is constantly adjusted for inflation so that the purchasing power of the Unidad de Fomento remains almost constant on a daily basis during low inflation. It was created on 20 January 1967 ...
Banco de Bogotá has utilized FIS' deposits, savings, financial management and architecture to support its retail banking operations since 1988. Following a change in local banking regulations in the fourth quarter of 2005, the bank needed to upgrade its lending system quickly to launch a new consumer loan product into the market.
Rank Municipality Department Population in 2020 1 Bogotá: capital district: 7,732,161 2 Medellín: Antioquia: 2,519,592 3 Cali: Valle del Cauca: 2,264,427
The Central Bank of Chile (Spanish: Banco Central de Chile) is the central bank of Chile. It was established in 1925 and is incorporated into the current Chilean Constitution as an autonomous institution of constitutional rank. Its monetary policy is currently guided by an inflation targeting regime.
BancoEstado is regulated mainly by the provisions of the Organic Law of the Bank of the State of Chile (Ley Orgánica del Banco del Estado de Chile), which defines the bank as an autonomous state-owned company with separate legal personality and its own assets, supervised exclusively by the Bank and Financial Institution Board (Superintendencia de Bancos e Instituciones Financieras).
Bancolombia S.A. (also known as Grupo Bancolombia; formerly: Banco de Colombia) is a full-service financial institution that provides financial products and services in Colombia, Panama, El Salvador, Puerto Rico, the Cayman Islands, Peru and Guatemala. Bancolombia is one of the six banking-related companies of the COLCAP index. The Bank ...