- Sector
- Finance
- Industry
- Regional banks
- Address
- Colombia
- Business
- Davivienda Group S.A. is a multinational financial holding company that provides a comprehensive suite of banking, commercial financing, investment, and wealth management solutions to individual consumers, small and medium-sized enterprises (SMEs), large corporations, and institutional clients. The company operates through five principal business segments: Retail Banking, Commercial and Corporate Banking, Treasury and Asset Liability Management, Fiduciary and Wealth Management, and International Banking. Its product and service offerings comprise personal banking solutions including checking and savings accounts, time certificates of deposit (CDTs), residential mortgage loans, home leasing, vehicle financing, consumer loans, payroll-deduction loans (libranzas), and debit and credit cards; commercial and corporate financing products encompassing working capital credit facilities, project finance, syndicated loans, structured debt, international trade finance, letters of credit, liquidity management, debt factoring, and financial leasing; capital markets, wealth management, and securities brokerage through Davivienda Corredores, including equity and fixed-income trading, mutual funds, collective investment vehicles, foreign exchange (FX) intermediation, and interest rate and currency derivatives; trust and custody administration through Fiduciaria Davivienda; and comprehensive bancassurance products covering life, property, casualty, and credit protection insurance. In addition, the organization delivers digital financial inclusion solutions through DaviPlata, its proprietary mobile wallet and neo-banking platform providing peer-to-peer transfers, contactless QR-code merchant payments, micro-loans, nano-insurance, utility bill payments, and government subsidy disbursements. Davivienda traces its origins to the founding of Corporación Colombiana de Ahorro y Vivienda (Coldeahorro) in 1972, is headquartered in Bogotá, Colombia, and operates as a flagship financial entity of the Grupo Bolívar conglomerate. Geographically, the group conducts operations across Colombia, Costa Rica, Panama, El Salvador, and Honduras, alongside an international banking agency in Miami, Florida, United States. In recent developments, the organization completed a structural corporate reorganization establishing Davivienda Group S.A. as the overarching parent holding company, listing its preferred registered shares on the Bolsa de Valores de Colombia (BVC) under the ticker symbol PFDAVIGRP in November 2025 following a share exchange tender offer with shareholders of Banco Davivienda S.A. Furthermore, the group executed a major strategic transaction with The Bank of Nova Scotia (Scotiabank) to integrate Scotiabank's banking operations in Colombia, Costa Rica, and Panama into Davivienda Group, resulting in Scotiabank acquiring an approximate 20% equity interest in the combined holding entity and expanding the group's regional presence to over $60 billion in assets serving more than 29 million customers.