Grupo Aval Acciones Y Valores S.A. AVAL

Company Overview

Grupo Aval Acciones y Valores S.A. is a Colombian financial holding company and one of the largest banking groups in Latin America. The company operates primarily in the banking and financial services industries through a portfolio of banking, pension, merchant banking, infrastructure, and payments businesses. Its core revenue drivers include commercial and consumer lending, credit card services, treasury operations, leasing, pension and asset management, and fee-based financial services. Grupo Aval serves retail consumers, small and medium-sized enterprises, large corporations, and government-related clients across multiple Latin American markets.

The company’s principal subsidiaries include Banco de Bogotá, Banco de Occidente, Banco Popular, Banco AV Villas, and infrastructure and merchant banking affiliate Corficolombiana. Grupo Aval has developed a diversified financial ecosystem that combines traditional banking with transportation infrastructure concessions, digital payments, and pension administration. Founded by Colombian businessman Luis Carlos Sarmiento Angulo, the group expanded significantly through acquisitions and consolidation of financial institutions during the 1990s and 2000s, later becoming publicly traded in both Colombia and the United States through ADR listings.