Banco Davivienda's asset
Banco Davivienda

@davivienda.com

Banco Davivienda is a banking firm that focuses on housing finance, retail banking, corporate banking, and SME banking.

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About

Description

Banco Davivienda, based in Colombia, is one of the largest commercial banks in the country. It was established in 1972 under the name Banco Cafetero and later became Banco Popular in 1996. In 2006, the bank changed its name to Banco Davivienda to align with its parent company, Grupo Empresarial Bolívar.


The headquarters of Banco Davivienda is located in Bogotá, the capital city of Colombia. The building is a modern high-rise structure that symbolizes the bank's prominence in the financial industry. Banco Davivienda offers a wide range of products and services to its customers.


Its main offerings include personal and business banking solutions, insurance services, investment products, and loans. The bank also operates a network of ATMs and branches across Colombia, providing convenient access to its services. On a global scale, Banco Davivienda has expanded its operations beyond its home country.


It has established subsidiaries in Panama, Costa Rica, El Salvador, Honduras, and the United States. These subsidiaries provide banking services to local customers and contribute to the bank's overall growth and profitability. Banco Davivienda has achieved a strong market position in Colombia, positioning itself as one of the leading banks in the country.


It has a significant market share in terms of customer deposits and loans. The bank also faces competition from other major players in Colombia's banking sector, including Bancolombia, Banco de Bogotá, and BBVA Colombia. In terms of major events, Banco Davivienda made headlines in 2015 when it acquired HSBC’s operations in Costa Rica, El Salvador, and Honduras.


This acquisition further expanded the bank's presence in Central America, strengthening its position in the region. Currently, Banco Davivienda continues to grow and innovate in the financial industry. It focuses on providing digital banking solutions and enhancing customer experience.


The bank remains committed to its mission of serving its customers and contributing to the economic development of Colombia and the countries where it operates. This overview provides a comprehensive understanding of Banco Davivienda, its history, products, global operations, market position, significant events, and current status in the financial industry

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Company Type

Privately Held

Company Size

10,001+

Year Founded

1979

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