Colombia May Sell 10 Percent of Banco Agrario, La Republica Says

Colombia may sell 10 percent of Banco Agrario de Colombia SA, La Republica newspaper said citing Francisco Estupinan, the lender’s president.

A 10 percent stake in the Bogota-based bank is worth about 350 billion pesos ($198 million), according to the newspaper. The government owns 99 percent of the bank, the newspaper said.

To contact the reporter on this story: Andrea Jaramillo in Bogota at ajaramillo1@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.