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20160803 Banco Bancolombia.Xlsx
COD. NOMBRE SUCURSAL- TELÉFONO BANCO DEPARTAMENTO CIUDAD DIRECCIÓN INDICATIVO HORARIO NORMAL HORARIO ADICIONAL HORARIO ATENCION SABADOS SUCURSAL OFICINA OFICINA 5642735 - BANCOLOMBIA 709 ABREGO NORTE DE SANTANDER ABREGO CARRERA 14 N° 7 – 93 97 5642023 8:00 - 11:30 AM - 14:00 - 16:30 PM BANCOLOMBIA 890 ACACIAS META ACACIAS CALLE 14 No 14-20-24 98 6569060 8:00 - 17:00 PM BANCOLOMBIA 297 AGUACHICA CESAR AGUACHICA CALLE 5 N° 17 - 80 95 5651394 8:30 - 18:00 PM BANCOLOMBIA 643 AGUADAS CALDAS AGUADAS CARRRERA 5 N° 6 - 18 96 8514600 8:00 - 12:00 AM - 14:00 - 16:00 PM BANCOLOMBIA 365 AGUAZUL CASANARE AGUAZUL CALLE 10 N° 17 - 06 98 6384247 8:00 - 16:30 PM 16:30 - 18:00 PM 8389569 BANCOLOMBIA 485 AIPE HUILA AIPE CALLE 4 N° 4 - 29 98 8389673 8:00 - 11:30 AM - 14:00 - 16:30 PM BANCOLOMBIA 861 ALBANIA LA GUAJIRA ALBANIA Calle 3 N° 3-38 Albania Guajira 0 8:00 - 11:30 AM - 14:00 - 16:30 PM 847 22 19 – 847 22 20 – BANCOLOMBIA 520 AMAGA ANTIOQUIA AMAGÁ Calle 51 N° 49-43 94 847 22 21 8:00 - 14:00 PM BANCOLOMBIA 443 AMBALEMA TOLIMA AMBALEMA CALLE 8A N° 4 - 23 98 2856163 8:00 - 11:30 AM - 14:00 - 16:00 PM BANCOLOMBIA 384 ANAPOIMA CUNDINAMARCA ANAPOIMA CARRERA 3 N° 3 - 33 91 8993587 8:00 - 15:30 PM BANCOLOMBIA 438 ANDES ANTIOQUIA ANDES CARRERA 50 N° 49A - 52 94 8417262 8:00 - 14:00 PM BANCOLOMBIA 708 ANSERMA CALDAS ANSERMA CARRERA 4 N° 9 - 06 96 8531419 8:00 - 12:00 AM - 14:00 - 16:00 PM BANCOLOMBIA 549 PLAZA DEL RIO ANTIOQUIA APARTADO CALLE 100 CON CARRERA 103 94 8280610 8:00 - 16:00 PM BANCOLOMBIA 645 APARTADO ANTIOQUIA APARTADO CALLE 96 N° 99A - 11 94 8280083 -
Estudio Comparativo De Sostenibilidad Entre Las Entidades
ESTUDIO COMPARATIVO DE SOSTENIBILIDAD ENTRE LAS ENTIDADES FINANCIERAS BANCOLOMBIA Y BANCO BRADESCO DE BRASIL Lina Marcela Hernández Ortega Lucia Galvis Quintero Sara Cristina Vahos Pérez Estudiantes Universidad de San Buenaventura –Seccional Medellín Facultad Ciencia Empresariales Programa Administración de Negocios Medellín 2012 2 ESTUDIO COMPARATIVO DE SOSTENIBILIDAD ENTRE LAS ENTIDADES FINANCIERAS BANCOLOMBIA Y BANCO BRADESCO DE BRASIL ESTUDIO COMPARATIVO DE SOSTENIBILIDAD ENTRE LAS ENTIDADES FINANCIERAS BANCOLOMBIA Y BANCO BRADESCO DE BRASIL Lina Marcela Hernández Ortega Lucia Galvis Quintero Sara Cristina Vahos Pérez Estudiantes Germán Escobar Aristizábal Asesor de Trabajo de Grado Trabajo de grado para optar el título de Administrador de Negocios Universidad de San Buenaventura –Seccional Medellín Facultad Ciencia Empresariales Programa Administración de Negocios Medellín 2012 3 ESTUDIO COMPARATIVO DE SOSTENIBILIDAD ENTRE LAS ENTIDADES FINANCIERAS BANCOLOMBIA Y BANCO BRADESCO DE BRASIL TABLA DE CONTENIDO INTRODUCCION ........................................................................................................................................ 7 1. PROBLEMA DE INVESTIGACIÓN .............................................................................................. 9 1.1. Descripción del Problema. ................................................................................................................ 9 1.2 Formulación del Problema ............................................................................................................ -
Corporate Presentation 2020 Disclaimer
Corporate Presentation 2020 Disclaimer Grupo Aval Acciones y Valores S.A. (“Grupo Aval”) is an issuer of securities in Colombia and in the United States.. As such, it is subject to compliance with securities regulation in Colombia and applicable U.S. securities regulation. Grupo Aval is also subject to the inspection and supervision of the Superintendency of Finance as holding company of the Aval financial conglomerate. The consolidated financial information included in this document is presented in accordance with IFRS as currently issued by the IASB. Details of the calculations of non-GAAP measures such as ROAA and ROAE, among others, are explained when required in this report. This report includes forward-looking statements. In some cases, you can identify these forward-looking statements by words such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential,” or “continue,” or the negative of these and other comparable words. Actual results and events may differ materially from those anticipated herein as a consequence of changes in general, economic and business conditions, changes in interest and currency rates and other risk described from time to time in our filings with the Registro Nacional de Valores y Emisores and the SEC. Recipients of this document are responsible for the assessment and use of the information provided herein. Matters described in this presentation and our knowledge of them may change extensively and materially over time but we expressly disclaim any obligation to review, update or correct the information provided in this report, including any forward looking statements, and do not intend to provide any update for such material developments prior to our next earnings report. -
Arbitraje Con Adrs: Un Estudio De Caso Sectorial Para Empresas De Colombia, México, Brasil Y Chile
Arbitraje con ADRs: un estudio de caso sectorial para empresas de Colombia, México, Brasil y Chile Arbitrage with ADRs: a sectorial case study for companies in Colombia, Mexico, Brazil and Chile Nicolás Acevedo V. * Daniela Fleisman V. ** Angélica Montoya V. *** Andrés Mauricio Mora C. **** Fecha de recepción: Fecha de aprobación: * (FRQRPLVWD 8QLYHUVLGDG ($),7 0DJLVWHU HQ (FRQRPtD ,68 *HUHQWH GH ,QYHVWLJDFLyQ\'HVDUUROORGH3URGXFWRV9DORUHV%DQFRORPELD&RORPELD &RUUHRHOHFWUyQLFRQDYHOH]#\DKRRFRP ** (FRQRPLVWD8QLYHUVLGDG($),7$QDOLVWD3RUWDIROLRV3ULYDGRV%ROVD\5HQWD6$ &RORPELD&RUUHRHOHFWUyQLFRGIOHLVPDQ#EROVD\UHQWDFRP *** (FRQRPLVWD 8QLYHUVLGDG ($),7 (MHFXWLYD &RPHUFLDO 9DORUHV %DQFRORPELD &RORPELD&RUUHRHOHFWUyQLFRDQJHOLPR#9DORUHV%DQFRORPELDFRP **** Administrador de Negocios, Especialista en Finanzas, Magíster en Administración )LQDQFLHUD 0DJtVWHU HQ &LHQFLDV GH OD $GPLQLVWUDFLyQ 8QLYHUVLGDG ($),7 (VSHFLDOLVWDHQ$QiOLVLV%XUViWLO,QVWLWXWRGH(VWXGLRV%XUViWLOHV ,(% -HIHGHO 'HSDUWDPHQWRGH)LQDQ]DV8QLYHUVLGDG($),7&RORPELD &RUUHRHOHFWUyQLFRDPRUDF#HDILWHGXFR ISSN 1657-4206 I Año 15 I No. 33 I julio-diciembre 2011 I pp. 7-23 I Medellín-Colombia 8 Arbitraje con ADRs: un estudio de caso sectorial para empresas de Colombia, México, Brasil y Chile 1,&2/É6$&(9('29 '$1,(/$)/(,60$19 $1*e/,&$02172<$9 $1'5e60$85,&,2025$& Resumen (O SUHVHQWH DUWtFXOR HV OD FRQWLQXDFLyQ GHO DUWtFXOR ´*HQHUDOLGDGHV GH ORV $'5V 8Q estudio de caso sectorial para empresas de Colombia, México, Brasil y Chile” y al igual que este, es un subproducto de la investigación “Arbitraje con -
Presentación De Powerpoint
Banco de Bogotá Corporate Presentation The Issuers Recognition-IR granted by the Colombian Securities Exchange is not a certification about the quality of the securities listed at BVC nor the solvency of the issuer. 1 Business Overview – 4Q2020 ✓ Founded in 1870, Banco de Bogotá is Colombia’s oldest financial institution and Banco de Bogotá’s Structure the principal subsidiary of Grupo Aval, the leading financial group in Colombia. Main Subsidiaries ✓ Universal bank with a strong presence in the commercial and consumer lending Associated segments. (5) (5) (6) ✓ Listed on the Colombian Stock Exchange (BVC), Banco de Bogotá’s market capitalization as of December 31, 2020 was USD $7.3Bn. Central American Panamenian Pension Merchant Banking Group Bank Fund Bank Regional Franchise Grupo Aval 20.0% 8.4% Banco de Bogotá 100.0% 99.6% 46.4% 34.1% Colombia(1) Banco de Occidente 24.2% 4.1% #1 Net Income Banco Popular 5.1% Otros 0.4% 9.4% 48.3% Total 100.0% 100.0% 100.0% 100.0% Breakdown by Geography (7) | Costa Rica Assets Net Income USD$60.7 billion USD$192.4 million Central America(2) #1 Assets, Loans and Deposits 32.3% #2 Net Income Total Distribution 46.1% Network Ownership 53.9% Grupo AvaI 68.7% ATMs 67.7% Other Companies 3,928(3) Consolidated Ratios(8) owned by Mr. 8.3% ROAA: 1.2% Branches ROAE: 10.5% Sarmiento Angulo Others 23.0% 1,405(4) Colombian operation Central American operation Total 100.0% Sources: Company information. (1) Rankings as of December 31, 2020. -
Elektra (ELEKTRA) Marcela Martínez Suárez [email protected] (52-55) 5169-9384
Second Quarter 2004 Grupo Elektra (ELEKTRA) Marcela Martínez Suárez [email protected] (52-55) 5169-9384 August 5, 2004 SELL ELEKTRA * / EKT Grupo Elektra Prepays 2008 Senior Notes – Strong Price: Mx / ADR Ps 68.25 US$ 22.98 Performance at All Divisions Price Target Ps 71.00 Risk Level High • Elektra is now consolidating the Bank's results. Our comments are based on figures presented by Grupo 52 Week Range: Ps 77.20 to Ps 31.65 Elektra. During 2Q04, sales were up 20.5%, as a result of Shares Outstanding: 236.7 million strong performance at the Bank and the retail division. Market Capitalization: US$ 1.41 billion New personnel hired resulted in an 0.8-pp contraction in Enterprise Value: US$ 2.04 billion operating margin. Operating profit and EBITDA, Avg. Daily Trading Value US$ 1.4 million however, were up 12.5% and 11%, respectively. Retail Ps/share US$/ADR store formats are posting strong results, and the "Nobody 2Q EPS 1.39 0.49 Undersells Elektra" slogan has attracted more consumers. T12 EPS 6.19 2.16 The group's valuation, as measured by the EV/EBITDA T12 EBITDA 15.55 5.42 multiple, is at 6.35x, and should drop to 5.8x by year-end T12 Net Cash Earnings 11.93 4.16 2004. Our price target of Ps 71 represents a 5.54% Book Value 28.86 10.06 nominal yield, including a Ps 1.033 dividend. The above, T12 2004e coupled with the fact that Elektra is a high-risk stock, P/E 11.02x leads us to recommend Elektra as a SELL. -
Grupo Aval Acciones Y Valores S.A. (Incorporated in the Republic of Colombia)
Prospectus 81,481,481 American Depository Shares 14SEP201217080991 Grupo Aval Acciones y Valores S.A. (incorporated in the Republic of Colombia) This is the initial public offering of our American Depositary Shares, or ‘‘ADSs.’’ Each ADS represents 20 preferred shares, par value Ps 1.00 per share. We are offering 81,481,481 ADSs at an initial public offering price of U.S.$13.50 per ADS. Prior to the offering, no public market existed for our ADSs. Our ADSs have been authorized for listing, subject to official notice of issuance, on the New York Stock Exchange, or ‘‘NYSE,’’ under the symbol ‘‘AVAL.’’ Our preferred shares are listed on the Colombian Stock Exchange (Bolsa de Valores de Colombia) under the symbol ‘‘PFAVAL.’’ The closing price of our preferred shares on the Colombian Stock Exchange on September 22, 2014 was Ps 1,430.0 per preferred share, which is equivalent to approximately U.S.$0.73 per preferred share or U.S.$14.54 per ADS, based on the representative market rate of Ps 1,966.89 per U.S.$1.00 as computed and certified by the Superintendency of Finance (Superintendencia Financiera de Colombia) on September 22, 2014. Holders of our non-voting preferred shares and ADSs are entitled to receive dividends equal to that paid to the holders of our common shares, subject, in the case of holders of ADSs, to the deduction of the fees of the depositary and the costs of foreign exchange conversion. Although we have not adopted a dividend policy, since we first issued preferred shares in 2011, we have declared and paid cash dividends per preferred share of Ps 49.20 (U.S.$0.026) with respect to our 2012 net income and of Ps 53.10 (U.S.$0.028) with respect to our 2013 net income. -
Interim Condensed Consolidated Financial Statements As of June 30, 2020 and December 31, 2019 and for the Three and Six Month Periods Ended June 30, 2020 and 2019
Interim condensed consolidated financial statements As of June 30, 2020 and December 31, 2019 and for the three and six month periods ended June 30, 2020 and 2019 CREDICORP LTD. AND SUBSIDIARIES Interim condensed consolidated financial statements as of June 30, 2020 and December 31, 2019 and for the three and six month periods ended June 30, 2020 and 2019 Content Pages Interim condensed consolidated statement of financial position 1 Interim condensed consolidated statement of income 2 - 3 Interim condensed consolidated statement of comprehensive income 4 Interim condensed consolidated statement of changes in net equity 5 Interim condensed consolidated statement of cash flows 6 - 8 Notes to the interim condensed consolidated financial statements 9 - 111 US$ = United States dollar S/ = Sol CREDICORP LTD. AND SUBSIDIARIES Interim condensed consolidated statement of financial position As of June 30, 2020 (unaudited) and December 31, 2019 (audited) As of June 30, As of December As of June 30, As of December Note 2020 31, 2019 Note 2020 31, 2019 S/(000) S/(000) S/(000) S/(000) Assets Liabilities Cash and due from banks: Deposits and obligations: 14 Non-interest-bearing 6,685,864 6,177,356 Non-interest-bearing 41,310,487 28,316,170 Interest-bearing 29,430,518 19,809,406 Interest-bearing 88,353,845 83,689,215 4 36,116,382 25,986,762 129,664,332 112,005,385 Cash collateral, reverse repurchase agreements and Payables from repurchase agreements and securities lending 5(b) 22,437,742 7,678,016 securities borrowing 5(a) 2,920,789 4,288,524 Due to banks -
Actualización Conjunta De Nuestro Universo De Cobertura
Actualización conjunta de nuestro universo de cobertura Mercado accionario Análisis fundamental en medio de la pandemia colombiano Dirección de Investigaciones Económicas, Sectoriales y de Mercados Julio de 2020 Análisis fundamental en medio de la pandemia 47% sobreponderar, 5% Neutral, 37% subponderar y 11% Bajo Revisión La incertidumbre y el miedo hacen una mezcla explosiva para los mercados financieros, generando descalces de valor como los que, en nuestra opinión, vivimos en la actualidad. Esta sobrerreacción a las noticias económicas negativas en medio del pánico (covid-19) es normal en el corto plazo, abriendo oportunidades de inversión desde un punto de vista fundamental para portafolios que quieran apostarle a la recuperación económica. Actualizamos nuestro universo de cobertura realizando diferentes ajustes a nuestra metodología de valoración, entre las que destacamos ajustes en la tasa de descuento, expectativas de crecimiento en los diferentes sectores económicos, al igual que nuevas proyecciones macroeconómicas para Colombia y los países de la región. Con base en lo anterior, concluimos que el mercado colombiano presenta un atractivo descuento fundamental, con un índice COLCAP que presenta un potencial de valorización del 38,9%. Es importante tener presente que ninguna compañía nos arroja un potencial de valorización negativo, en otras palabras, la recomendación de Subponderar obedece a que dichos activos rentarán un 5% menos que la expectativa fundamental del índice Colcap Nunca antes el trabajo de un analista fundamental había sido tan complejo, pues las compañías de cara a la coyuntura han dejado de dar su visión de expectativa de resultados para 2020, lo que incrementa el nivel de riesgo de nuestras recomendaciones. -
Chapter 3: Business for Development
Chapter 3: Business for Development Multinationals, telecommunications and development Foreign direct investment (FDI) flows have stepped up dramatically around the world since the mid-1980s. In Latin America, the 1990s were a period of accelerated FDI inflows, led by the entry of developed-country multinationals into newly privatised or liberalized sectors. The real change, however, is not in the game but in the players. Of worldwide FDI stocks, the share emanating from developing countries has increased by half, growing from 8 per cent in 1990 to 12 per cent in 2005. Latin American enterprises now also play away from home. Since 2006, the value of annual outward FDI flows from the major countries in the region has flirted with the $40 billion mark. This explosion of outward investment is largely the result of the rapid internationalisation of a small number of large enterprises, mainly from Brazil and Mexico. Indeed, in 2006, Brazil was a net source of FDI, with outward flows amounting to $26 billion, as compared to inflows of $18 billion. The largest Latin American multinationals are in primary commodities and related activities; Mexico’s cement producer, CEMEX, and Brazil’s Petrobras, in oil, and Companhia Vale do Río Doce (CVRD), in mining, are important examples. Services and final goods have also become key areas of multinational activity by Latin American firms, first regionally, and now, for a small number of very successful enterprises, globally. While these firms’ multinational growth reflects diverse corporate strategies, scopes and ambitions, it places Latin America firmly on the new global map of home countries for multinational corporate activity. -
Foreign Investment in Latin America and the Caribbean
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Program Brochure a Cement and Lime Industry Conference and Exhibition By
18 PROGRAM BROCHURE A CEMENT AND LIME INDUSTRY CONFERENCE AND EXHIBITION BY CONTACT SALES / SPEAKING SPONSORSHIPS OPPORTUNITIES Ali Assad Magda Kwapisiewicz [email protected] [email protected] 2020 +40 754 023 330 +351 939 114 543 Bianca Elliff MAY 28-29, 2020 • SÃO PAULO, BRAZIL [email protected] +351 911 074 128 PAST PARTICIPATING COUNTRIES PAST PARTICIPATING COMPANIES A TEC GRECO • A Tec Production &Services • AAF Brasil • ABIMAQ • ABRAMAT • ALL MINMETAL INTL. • Allfran • Alstom • American Air Filter Brasil • ArcelorMittal • Argos Colombia • Argus • Associação • Brasileira de Cerâmica • Association Brasil de Cimento Portland • Assuncao Representacoes • Aumund • Austrian Government • Autochartering • Bahamut • Banco Inercorp • BASF • Bedeschi SPA • Benue Cement • Beumer • Boldrocchi • Brazil Steel Institute • BRC Cimentos • Brennand Cimentos • Brennand Energia • Bruker do Brasil • BWF Envirotec • Cal & Cemento Sur S.A. • CALCO-BOLIVIA • Camargo Correa • Carmeuse Lime & Stone • CCB- • Cimpor Cimentos de Brasil • Cemengal • Cementos Argos • Cementos Avellaneda • Cementos Fortaleza • Cementos Melon • Cementos Progresso • Cemex • CEMI • Christian Pfeiffer Maschinenfabrik GmbH • Cia de Cimento Itambé • CIMAR – Cimentos do Maranhão • Cimento Apodi • Cimento Bravo • Cimento Nacional • Cimento Nassau • Cimento Planazto • Cimento Tupi • Cimentos da Bahia S.A. • Cimentos Liz • CIMERWA • Cimpor • Cimprogetti • Cimento Planalto • Ciplan Cemento • Clanap • Claudius Peters • CMLG System Process Engineering • Companhia Industrial de Cimento Apodi • Companhia