Bancóldex

Columbian state owned commercial bank

PROEXPO

HeadquartersCalle 28 № 13A-15 37th-42nd floor
Bogotá, D.C., ColombiaAgency executive

Luis Fernando Castro Vergara, President

Parent agencyMinistry of Commerce, Industry and TourismKey document

Law 7 of 1991

Websitewww.bancoldex.com

The Bank of Foreign Trade (Spanish: Banco de Comercio Exterior), Bancóldex, is a state owned^{[citation needed]} commercial bank^[1] that operates as Colombia's entrepreneurial development and export-import bank, providing long- and short-term financing and specialised financial products to support Colombian exports and other foreign trade-related activities with the goal to modernise companies in the fields of commerce, industry and tourism, and giving priority to small and medium enterprises. Bancóldex is incorporated as a mixed-capital corporation that operates under the same legal regime as private sector financial institutions. Bancoldex has been investing over 2 Billion in Private and Government equity in the U.S and London Real estate Market as pension securities and economic development for the hedge fund. Bancoldex also repurchase Andorran Banking Giant Andbank in 2014, that have left the family for 30 years.