News 2018

General Counsel Isabel Cabello will assume the position starting on October 1st at the State’s financial entity.  

And becomes the first financial institution in the country issuing bonds in Colombian pesos.

Changes will become effective starting June 1st seeking to continue making progress on the objectives set forth by the financial institution.

The state owned financial institution taps the international markets with two new bonds, HKD and JPY-denominated for a total issuance amount of USD 195 million equivalent.

Economist Pablo Correa takes office as Vice Chairman. In the meantime, Edmundo Eluchans, Iris Boeninger, Paola Assael and Roberto Palumbo will serve as directors.

It is the first financial institution to issue an ESG instrument in the local market, following the international market trends.

Juan Cooper Alvarez, takes office at BancoEstado starting on April 24.

Ministry of Finance, Mr. Felipe Larrain, informed on Friday March 16, the appointment of Mr. Arturo Tagle as the new Chairperson of BancoEstado.

The geographical distribution of these investors was 80% USA, 19% Europe and 1% other countries.