12 New financial players to enter the Colombian market; JP Morgan to operate as a commercial bank

The Colombian Finance Superintendence announced that three new banks (JP Morgan, BTG Pactual and Lulo Bank), four financing companies (Scotiabank ENEL, Ualá and Santander), three SEDPEs (companies Specialized in Deposits and Payments) and two crowd funding platforms could enter the Colombian market.

Source: La República