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Grupo Aval's internal staff consists of approximately 100 employees, dedicated to analyzing and identifying the most efficient financial and operating practices as well as recommending the implantation of these practices within organizations that the Group controls. To obtain these objectives, Grupo
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platform, which was integrated within the Group's major banking subsidiaries, Banco de Bogotá, Banco de
Occidente, Banco Popular and Banco AV Villas. This innovation allowed clients to either conduct financial transactions on the
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in other companies to control their policies. In addition to its interests in numerous industrial sectors, Grupo Aval controls some of
Colombia and Central America's top financial organizations, including:
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As of 2007, Luis Carlos
Sarmiento continues to run the company with assistance from his son Luis Carlos Sarmiento Gutierrez, whom he is grooming to eventually assume control of the family
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AVAL's current earnings (2017) per share is $ .65. Zacks
Investment Research reports AVAL's forecasted earnings growth in 2017 as 3.62%, compared to an industry average of 8.1%.
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Due to GE Capital focusing on industrial activity rather than retail banking, the group acquired for US$ 1.9 billion BAC|Credomatic
Network from GE Consumer Finance in July 2010
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S.A. On
January 8, 1998, the Group once again changed its name to Grupo Aval Acciones y Valores S.A. Later that year, Grupo Aval introduced an
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Porvenir S.A. in
Colombia. BAC San José Pensiones Operadora de Planes de Pensiones Complementarias S.A. in Costa Rica before BSJ Porvenir.
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The Group is supervised by the
Colombian Superintendency of Securities because of its size and because its shares are registered on the
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Grupo Aval made a debut global offering of $ 600 million in
February 2012 with advisory assistance from New York law firm
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with operations in Costa Rica, Panamá, Nicaragua, Guatemala, El
Salvador, Honduras and the US State of Florida.
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Casa de Bolsa S.A. in Colombia. BAC Valores(Panamá), Inc. BAC San Jose, Puesto de Bolsa, S.A. in Costa Rica.
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Corporate titans: most powerful Latin CEOs: Executive Strategies for the Americas, October 2000
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On April 18, 1997, the Group formally changed its trading name from Administraciones Bancarias
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626:"Grupo Aval Acciones y Valores S.A. (AVAL) Ex-Dividend Date Scheduled for September 28, 2017"
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A major milestone occurred during 1999 when Grupo Aval listed their shares publicly on the
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608:"Grupo Aval $ 600 Million Debut Global Offering | News | Davis Polk & W…"
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301:(estimated net worth of U$ 11,9 billion), who indirectly owns around 80 percent of its
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between November 1 and December 31, 1999. By December 31, 1999, Aval had 40,042
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417:) for the first time in the company's history. The Group made a massive
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As a holding company, Grupo Aval owns sufficient amounts of voting
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Aval is divided into three business divisions that include: (1)
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297:; in Colombia and Central America. Grupo Aval is controlled by
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of $ 58,190,135,296. In 2000, plans to list Grupo Aval on the
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or in real-time at anyone of the banks branch offices or
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Colombian holding company engaged in financial services
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1410:Companies listed on the Colombia Stock Exchange
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1032:South Georgia and the South Sandwich Islands
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533:"Grupo Aval on the Forbes Global 2000 List"
360:management companies owned by the holding:
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31:Grupo Aval Acciones y Valores S.A.
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875:Saint Vincent and the Grenadines
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508:Banco de Occidente Credencial
495:Business and economics portal
281:engaged in a wide variety of
18:Grupo Aval Acciones y Valores
1319:Bolsa de Valores de Colombia
1200:Empresa de Energía de Bogotá
411:Bolsa de Valores de Colombia
373:and Strategic Planning, (2)
441:'s unfavorable climate for
421:of 1,200,774,970 shares of
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1405:Companies based in Bogotá
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1135:
1050:
1017:Saint Pierre and Miquelon
906:
460:Davis Polk & Wardwell
404:automated teller machines
35:
1037:Turks and Caicos Islands
270:Grupo Aval previous logo
1395:Companies in the COLCAP
1225:Interconexión Eléctrica
1180:Colombia Stock Exchange
557:"Luis Carlos Sarmiento"
475:Colombia Stock Exchange
435:New York Stock Exchange
419:initial public offering
328:Banco de Occidente S.A.
952:British Virgin Islands
650:Federal Reserve System
594:July 24, 2008, at the
437:were postponed due to
285:activities, including
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865:Saint Kitts and Nevis
710:List of banks in the
299:Luis Carlos Sarmiento
269:
163:Luis Carlos Sarmiento
1324:Cemex LatAm Holdings
1175:Cemex LatAm Holdings
338:Banco AV Villas S.A.
323:Banco de Bogotá S.A.
1042:U.S. Virgin Islands
885:Trinidad and Tobago
730:Antigua and Barbuda
445:funds at the time.
246:Number of employees
32:
1309:Banco de Occidente
1126:Components of the
795:Dominican Republic
333:Banco Popular S.A.
291:telecommunications
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189:Telecommunications
181:Financial services
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431:fair market value
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259:www.grupoaval.com
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16:(Redirected from
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1299:Avianca Holdings
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668:Official website
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1329:Corficolombiana
1304:Banco de Bogotá
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1185:Corficolombiana
1150:Banco de Bogotá
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343:Corficolombiana
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614:on 2013-01-21.
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1012:Saint Martin
919:Dependencies
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634:. Retrieved
632:. 2017-09-27
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612:the original
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565:. Retrieved
563:. 1970-01-01
560:
551:
540:. Retrieved
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527:
472:
464:
457:
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450:conglomerate
447:
427:shareholders
423:common stock
408:
389:to Sociedad
384:
367:
358:Pension fund
356:
312:
274:
273:
214:9.2 billion
139:Grand Cayman
91:Headquarters
45:Company type
1359:Grupo Éxito
1349:Grupo Argos
1314:Bancolombia
1205:Grupo Argos
1155:Bancolombia
997:Puerto Rico
924:territories
870:Saint Lucia
805:El Salvador
439:Wall Street
371:Investments
295:real estate
193:Real estate
119:El Salvador
106:Area served
1389:Categories
1354:Grupo Aval
1334:Davivienda
1220:Grupo Sura
1210:Grupo Aval
1190:Davivienda
992:Montserrat
987:Martinique
982:Guadeloupe
780:Costa Rica
636:2017-09-29
630:NASDAQ.com
567:2015-11-06
542:2017-09-29
537:Forbes.com
519:References
469:Regulation
309:Operations
275:Grupo Aval
224:Net income
158:Key people
131:Costa Rica
1339:Ecopetrol
1195:Ecopetrol
1065:Caribbean
977:Greenland
900:Venezuela
845:Nicaragua
815:Guatemala
735:Argentina
720:Sovereign
283:financial
197:Investing
127:Nicaragua
115:Guatemala
67:GRUPOAVAL
57:Traded as
1283:Colombia
932:Anguilla
880:Suriname
855:Paraguay
830:Honduras
790:Dominica
775:Colombia
745:Barbados
712:Americas
592:Archived
481:See also
400:Internet
177:Products
169:Chairman
147:Barbados
123:Honduras
111:Colombia
99:Colombia
73:Industry
962:Curaçao
947:Bonaire
942:Bermuda
895:Uruguay
835:Jamaica
810:Grenada
800:Ecuador
755:Bolivia
740:Bahamas
381:History
287:banking
255:Website
203:Revenue
185:Banking
143:Bahamas
83:Founded
77:Holding
1369:Odinsa
1165:Celsia
1128:COLCAP
850:Panama
840:Mexico
820:Guyana
765:Canada
760:Brazil
750:Belize
722:states
561:Forbes
303:shares
250:78,697
239:(2012)
216:(2017)
135:Panama
95:Bogotá
1294:Argos
1130:Index
937:Aruba
825:Haiti
770:Chile
315:stock
1279:IGBC
1002:Saba
922:and
860:Peru
785:Cuba
391:A.B.
387:S.A.
293:and
235:US$
212:US$
86:1994
1344:ETB
63:BVC
1391::
628:.
559:.
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639:.
570:.
545:.
171:)
167:(
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
