Investing In South America - Colombian Stock (Part 7)

Getting Started With Colombian Oil Stocks

(this ends the quick overview of interesting stocks in Colombia besides the selected oil & gas companies)

Bancolombia (CIB)

P/E: 5

Dividend Yield: 8.7%

I personally never invest in banks, simply because I am unable to judge what is on their balance sheet. The semi-regular collapse of small banks in the last 12 months due to rising interest rates and losses …