Corporación Financiera Colombiana SA

Type: Company
Name: Corporación Financiera Colombiana SA (Corporacion Financiera Colombiana SA)
First reported Sep 23 2014 - Updated Sep 24 2014 - 2 reports

Colombian Bank Grupo Aval Debuts in IPO

Grupo Aval Acciones y Valores S.A. (NYSE: AVAL) announced the pricing of its initial public offering of 1,629,629,640 in preferred shares, what seems a bit unusual for most ADS listings. The preferred shares were issued in the form of American Depositary ... [Published 24/7 Wall St - Sep 23 2014]
First reported Sep 16 2014 - Updated Sep 16 2014 - 1 reports

UPDATE 2-Colombia's GDP growth slowed to 4.3 pct in Q2

(Adds analyst comment)By Nelson Bocanegra(Reuters) - Colombia's economic growthslowed in the second quarter to a 4.3 percent pace from 4.5percent a year earlier, failing to meet expectations as miningand manufacturing sectors shrank, the government said ... [Published Reuters - Sep 16 2014]
First reported Sep 10 2014 - Updated Sep 10 2014 - 1 reports

Colombia Peso Drops to Five-Month Low on Planned Net Wealth Tax

Colombia’s currency weakened to afive-month low on speculation foreign companies will repatriaterevenue to pay a net wealth tax the government plans to extend.The peso dropped 0.3 percent to 1,973.55 per dollar at theclose in Bogota, the lowest level ... [Published Bloomberg - Sep 10 2014]

Quotes

"Just one event that helps you grow 10 percent in addition to the 15 percent that you are already growing, that's a big event" said Sarmiento Gutierrez
"The company presented a registration request which has been declared valid by the United States Securities and Exchange Commission for the values referred to in this communication" Grupo Aval said in a filing to Colombia's financial regulator
"After this GDP figure and looking at the progress of other"
...It operates a number of subsidiaries: Corporacion Financiera Colombiana S A , an investment bank; Almacenes Generales de Deposito "Almaviva S A ", a product supply logistics company; Sociedad Fiduciaria Bogota "Fidubogota S A " and Fiduciaria del Comercio "Fiducomercio S A ", two trust and portfolio investment companies; Leasing Bogota S A , a leasing company; Valores Bogota S A , a provider of brokerage services; and Fondos de Pensiones y Cesantias Porvenir, a pensions and suspensions administrator. In June 2006, the Bank acquired 94.99% interest in Megabanco. As of June 30, 2006, Banco de Bogota operated a total of 283 offices in Colombia, 65 corporate service centers and one banking attention center. The Company also has affiliates in Panama, Nassau, Miami and New York. "

More Content

All (11) | News (6) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (5) | Press Releases (0)
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INTERVIEW-Colombia's Grupo Aval sees boost from... [Published CNBC - Sep 23 2014]
Colombian Bank Grupo Aval Debuts in IPO [Published 24/7 Wall St - Sep 23 2014]
UPDATE 1-Colombian banking group Grupo Aval pri... [Published CNBC - Sep 23 2014]
Grupo Aval Announces Pricing of Initial Public ... [Published CNBC - Sep 23 2014]
UPDATE 2-Colombia's GDP growth slowed to 4.3 pc... [Published Reuters - Sep 16 2014]
Colombia Peso Drops to Five-Month Low on Planne... [Published Bloomberg - Sep 10 2014]
Fact Sheet for Banco de Occidente S.A. [Published Able2Act - Mar 28 2008]
Fact Sheet for Banco de Bogota [Published Able2Act - Mar 28 2008]
Fact Sheet for Corporacion Financiera Colombian... [Published Able2Act - Mar 28 2008]
Fact Sheet for Corficolombiana antes Corfival [Published Able2Act - Mar 28 2008]
Fact Sheet for Corporacion Financiera Colombian... [Published Able2Act - Feb 09 2008]
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