Grupo Bolivar SA
BBVC:GRUBOLIVAR78,340.00
COP
+740.00
(+0.95%)
ISIN
COT23PA00028
Return %
Stock
S&P 500
1Y
-5.16
14.20
3Y
53.31
81.12
5Y
15.72
68.34
Capital Structure
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in mil. unless spec.Growth Rates
COP
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in mil. unless spec.Quarterly Revenue
COP
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
COP
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in mil. unless spec.Company Description
- CEO
- Miguel Cortés Kotal
- Full Time Employees
- 31,874
- Sector
- Finance
- Industry
- Major banks
- Address
- Bogota Colombia
- IPO Date
- Dec 27, 1996
- Website
- grupobolivar.com.co
- Similar Companies
- Business
- Grupo Bolívar S.A. is a financial and commercial holding company that operates diversified businesses across the banking, insurance, real estate construction, and hospitality sectors. Founded in 1939 and headquartered in Bogotá, Colombia, the company delivers products and services to individuals, small and medium-sized enterprises (SMEs), and large corporate institutions across Latin America and North America, primarily in Colombia, Panama, Costa Rica, Honduras, El Salvador, and the United States. The company manages its operations through three primary business divisions: Financial and Banking Services, Insurance Services, and Construction and Real Estate. Through its banking entities, spearheaded by Banco Davivienda S.A. and Davivienda Group S.A., the company offers retail and commercial banking products, including savings, checking, and term deposit accounts; consumer loans, credit cards, auto financing, and residential mortgages; corporate credit facilities, financial leasing, trade finance, and factoring; investment banking, asset management, and brokerage services via Davivalores; and digital payment and mobile wallet solutions via DaviPlata. Through its insurance division, which includes Compañía de Seguros Bolívar S.A. and Seguros Comerciales Bolívar S.A., the company provides individual life, health, personal accident, and unemployment coverage; residential, automotive, and personal property insurance; commercial property, general liability, surety, maritime, and agricultural insurance; and occupational risk management services through ARL Bolívar. Through Constructora Bolívar S.A., the company develops, manages, constructs, and commercializes social-interest residential housing, master-planned communities, and commercial real estate, complemented by hospitality management operations through CB Hoteles y Resorts. In recent corporate developments, the company significantly expanded its regional banking footprint through the strategic acquisition and integration of Scotiabank operations across Colombia, Costa Rica, and Panama into the Davivienda Group, granting Scotia Colombia Holdings Inc. a 20 percent equity stake upon completion in late 2025. To support this international footprint, the organization finalized a corporate restructuring establishing Davivienda Group S.A. as the overarching holding company for its domestic and foreign banking assets. Furthermore, the company strengthened its digital financial ecosystem by acquiring fintech payment provider ePayco, secured a US$150 million investment from the International Finance Corporation (IFC) for a 7.1 percent stake in Holding Davivienda Internacional to drive Central American expansion, completed major bond issuances in international capital markets, secured international credit facilities dedicated to sustainable housing and women-led entrepreneurship, and continued to scale digital banking alliances including its RappiPay joint venture.