Banco W

Banco W is a Colombian microfinance bank, member of the international Women's World Banking (WWB) network. It is present in 30 of the 32 departments of Colombia through a network of 146 agencies, 150 of its own banking correspondents and 16,537 collection points with Efecty and Vía Baloto. Focused on the medium-low niche of local microcredit, Banco W offers loans through an individual methodology and complements its offer with consumer loans, microinsurance and fund-raising. As of June 2020, it managed a net portfolio of $338 million and 217,994 clients. In July 2020, BRC Investor (Standard & Poor's in Colombia) ratified the local long-term debt rating of Banco W at AA and the short-term debt at BRC1 +, this rating ratifies the broad knowledge and experience of Banco W in the microcredit segment.