Founded in 1980 in Cali, Colombia, the institution operated until 2012 as Fundación WWB Colombia, a non-governmental (NGO) microfinance institution (MFIs) and the first affiliate to the Women’s World Banking (WWB) Network in Colombia. Banco WWB remains a member of the WWB Network but WWB is not currently involved with the operations of Banco WWB in any formal capacity. In 2010 the Fundación underwent a transformation to become Banco WWB S.A, a commercial bank, operating under the regulations of the Superintendencia Financiera (SF, the financial supervisor).
As part of OPTIX, Banco WWB is working on developing and implementing new channel strategy, rationalizing current savings products to provide clear value proposition and introducing a Financial Services Advisory tool.
Institution type: Commercial Bank
Year founded: 1980
Client type: Low-Income