Colombia forges forward!
BNP Paribas Cardif has expanded at an impressive place in Colombia in just two years. Leveraging experience in Chile and Brazil, the Colombian subsidiary has secured a large number of partnerships with banks, finance companies, retailers and automobile finance firms.
Grupo Aval, a leading financial group in Colombia, has signed an exclusive agreement covering all its bancassurance activities. Exito (Casino), one of the country's biggest retail chains, brings BNP Paribas Cardif access to 1.5 million credit cards (25,000 new cards issued each month). BNP Paribas Cardif also signed an agreement with Falabella for extended warranties for white and brown goods at all its stores in Colombia.