He Bank of Bogotá announced the renewal of its alliance with the National Federation of Coffee Growersextending for 10 more years. This alliance has covered more than 556,000 coffee-growing families throughout the country and has been in force for 18 years.
“Coffee growing, more than an industry, represents a legacy and a national insignia. Colombia, recognized as the third largest coffee exporter in the world, has consolidated a reputation based on quality and sustainability. This sector not only positions the country on the global map, but has also been a fundamental pillar of economic recovery.“, mentions the banking entity.
(You can read: Juan Valdez has 19 urgent job vacancies to hire: how much do they pay?).
It is worth mentioning that In 2024, coffee growers reached a projected productivity of 13 million bags of coffee and record prices, which stand out as the highest in the last decade.
coffee growers
Throughout more than 18 years of joint work, initiatives such as the Smart Coffee Card and the Coffee Channel They have made it easier for more than 384,000 coffee growers in 606 municipalities in the country to access quick payments. Currently, 70% of coffee growers have access to these tools.
(You can read: Coffee growers need to modernize processes to be more productive and take advantage of the bonanza).
“For Banco de Bogotá, renewing our alliance with the National Federation of Coffee Growers is reaffirming our commitment to the more than 550,000 families that represent the soul of Colombian coffee growing. This agreement not only allows us to continue supporting an emblematic sector for the country, but also reinforces our mission of being a strategic ally in its growth, modernization and sustainability. We believe in Colombian coffee as an engine of economic development and as a symbol of our national identity.“said Rafael Arango, vice president of Business Banking at Banco de Bogotá.
PORTFOLIO
