Colombia’s biggest financial group, Grupo Aval, reportedly authorized the doctoring of documents that facilitated bribes of its former business partner, Brazilian engineering firm Odebrecht. This revelation undermines the claims of…
Grupo Aval, Colombia’s largest banking conglomerate, said Tuesday that it will cooperate with US authorities over the bribery practices of its former partner, Brazilian engineering firm Odebrecht. In a press…
Colombia’s largest banking group, Grupo Aval aims to raise $100 million by selling shares to the public, in a deal filed with the US regulatory body on Thursday.
The president of Grupo Aval, one of Colombia’s biggest banking groups, has said his company is prepared to face the eventual backlash of the European crisis. Luis Carlos Sarmiento said that lessons…
On the first day of trading, the price of Avianca Taca shares began at $2.80 and ended Tuesday at $3.21, after reaching a high of $3.35, reported economic website Portafolio.…
Colombian bank AV Villas recorded profits of $19.8 million during the first three months of 2011, representing an 18.9% increase on the same period last year when profits were recorded…
Colombia’s Grupo Aval, one of the country’s largest banking groups, secured the approval of its shareholders to start the process for an initial public offering abroad. Grupo Aval said in…
Three major Colombian business groups have posted good results for the first three quarters of 2010, financial newspaper Portafolio reported on Wednesday. Grupo Aval, a financial holding firm that controls…
Banco de Bogota, the second largest bank by assets, said on Tuesday it would issue 2.2 trillion pesos ($1.22 billion) in bonds mandatorily convertible into shares. The Colombia-listed company did…