PICs rule
COBOL's great strength is its ability to model number fields exactly how you want them. Need something that can go from 0 to 9999.9999999 (but not negative)? Easy with the right PIC clause. No slumming it with inaccurate Floats, or bignum integer work-arounds.
That strength alone (and yes, COBOL has many weaknesses) has kept it a contender in the financial arena.