Banco Falabella S.A. is a Colombian banking institution that is part of the Chilean multinational conglomerate, Falabella Group. It began its operations in Colombia in 1999 as CMR Falabella, offering the CMR credit card. In 2011, it received its banking license from the Superintendencia Financiera de Colombia, officially becoming Banco Falabella. The bank's mission is to simplify finance for its customers, leveraging its strong presence in the retail sector (Falabella, Homecenter Sodimac, Makro) to offer integrated financial solutions, including credit cards, savings accounts, personal loans, term deposits (CDTs), and insurance.

Founded in

Colombia