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Colombia's Sarmiento Talks Pandemic Lessons, Election, Fintechs.

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    • Abstract:
      (Bloomberg) -- Luis Carlos Sarmiento, the CEO of Grupo Aval, Colombia's biggest banking group, spoke with Bloomberg News on May 12 about the pandemic, the economy and the business environment ahead of the May 29 presidential elections. Central bank rates are rising and when they catch up, and you finally have some sort of positive real interest rate, you'll see the economy start to succumb. The economy's growing and everybody rides the growth of the economy, regardless of what they say. [Extracted from the article]
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