Last Updated: Jan 15 2009 - Able2Act

Fact Sheet for Banco de Occidente S.A.

Country: COL
Contact: Banco de Occidente Carrera 4 No. 7-61 Cali Colombia Phone: (92) 883-4713
Management: Chief Executive Officer Efrain Otero Alvarez Vice President-Finance Bernardo Escobar Montoya Vice President-Operations and Information Technology Daniel Roberto Gomez Vanegas
Comments: Banco de Occidente (the Bank) is engaged mainly in personal and commercial banking. The Bank is based in Colombia and, as of December 31, 2006, had 150 branches in 37 cities across the country, providing financial services for individuals, businesses and institutions. The Bank's products and services include checking accounts, savings accounts, credit and debit cards, loans, investment vehicles, consultancy services, treasury services, financing, international trade, guarantees, currency exchange, mortgages, pension planning, electronic banking and a network of cash dispensing machines. The Bank's subsidiaries include Leasing de Occidente, Fiduciaria de Occidente, Ventas y Servicios, Banco de Occidente Panama S.A. and Valores de Occidente. As part of the AVAL group, the Bank is linked with Corficolombiana, Banco Popular, Banco de Bogota, Banco Comercial AV Villas, Fondo de Pensiones y Cesantias Porvenir and A Toda Hora S.A.
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