Colombia, Oct. 20 -- DEG is providing Banco de Occidente with USD 150 million in Tier II financing, marking DEG's largest financing commitment in Latin America to date.Banco de Occidente is a universal bank and the fifth-largest financial institution in Colombia. It serves corporate, small and medium-sized enterprise (SME) and retail clients, offering a broad range of financial products and services. The bank employs more than 7,000 people, 59 per cent of whom are women, making it an important employer in Colombia's financial sector.The subordinated loan will strengthen the bank's regulatory Tier II capital base and create additional scope for growth. At least 80 per cent of the funds will be used to finance eligible green projects and busi...