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LATEST

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Emerging Markets

Bancolombia Parent Cibest Buys 100% of Fintech Avista

The Rio Times · 2h ago · 🇧🇷 Brazil

Bancolombia Parent Cibest Buys 100% of Fintech Avista

Finance: Medellín Key Facts —Deal. Grupo Cibest, the holding company of Colombia’s Bancolombia, closed its purchase of 100% of the shares of fintech Avista Colombia, completing the deal on 3 August 2026. —Focus. Avista is a “silver-economy” lender specializing in libranza, or payroll-deduction credit, aimed mainly at pensioners and salaried workers. —Scale. In seven years […] The post Bancolombia Parent Cibest Buys 100% of Fintech Avista appeared first on The Rio Times .

Read the full story at The Rio Times →

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