Banco De Bogota S.A. (Colombian Stock Exchange: BOGOTA)


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Business Description
Banco de Bogota SA is a Colombia-based financial institution engaged in the banking sector. Its businesses are structured into three segments: Personal Banking, Small and Medium-Sized Enterprises (SMEs) Banking and Corporate Banking. Its products and services include current and saving accounts, credit and debit cards, fixed-term deposits, consumer and commercial loans, among others. In addition, it is a member of Grupo Aval Acciones y Valores SA. The Company's operates through three divisions : General - Cars, which is related to loans granted to car purchase; General- Others, which consists of loans to purchase consumer goods other than cars; Credit Card division which includes acquisition of consumer goods used through a plastic card. The Bank owns such subsidiaries as Almaviva SA, Leasing Bogota SA Panama, Megalinea, Banco Bogota SA Panama, Fiduciaria Bogota SA and Bogota Finance Corporation, among others. In addition, it is a member of Grupo Aval Acciones y Valores SA.