Sociedad Anónima | |
Traded as | BVC: BOGOTA |
Industry | Financial services |
Founded | 1870 |
Headquarters | Bogotá, Colombia |
Key people
|
Alejandro Figueroa Jaramillo, (Chairman & CEO) |
Products | Banking |
Revenue | US$3.4 billion (2012) |
US$623.6 million (2012) | |
Total assets | US$37.4 billion (2012) |
Number of employees
|
9,926 |
Parent | Grupo Aval Acciones y Valores |
Subsidiaries | Corficolombiana |
Website | www.bancodebogota.com |
Banco de Bogotá (English: Bank of Bogotá) is the first commercial bank established in Colombia.
Founded in 1870, Banco de Bogotá is the oldest commercial banking institution in Colombia, and operates through approximately 650 branches, five corporate service centers and a banking attention center in the country. On a national level, it also operates through subsidiaries: Corporacion Financiera Colombiana S.A., an investment bank; Almacenes Generales de Deposito "Almaviva S.A.", a products supply logistics company; Sociedad Fiduciaria Bogotá "Fidubogotá S.A." and Fiduciaria del Comercio "Fiducomercio S.A.", trust and portfolio investment companies; Leasing Bogotá S.A., a leasing company; Valores Bogotá S.A., a provider of brokerage services; and Fondos de Pensiones y Cesantias Porvenir, a pensions and suspensions administrator. It also owns bank subsidiaries in Panama and the Bahamas. In the United States, Banco de Bogotá operates two agencies agency, one in New York, New York, and in Miami, Florida. Grupo Aval, a holding company which is one of the largest and most influential financial entities in Colombia, owns a majority of the Bank's outstanding voting shares. It's actual president is Alejandro Figueroa who has been in this position since 1989.
On June 20, 2006, Fidelity National Information Services (FIS), Inc. announced the successful implementation of its retail lending software package, Advanced Lending Solution (ALS) – Servicing Manager at Banco de Bogotá. The efforts of the bank’s technical consultants and FIS experts enabled Banco de Bogotá to be the first financial institution in its market to introduce a new personal loan product, "Prestamo Personal Libre Destino."