Grupo Aval: brands it owns and its ownership tree
Grupo Aval (NYSE: AVAL, BVC: GRUPOAVAL, BVC: PFAVAL) is a publicly listed company headquartered in Bogotá, Colombia that owns 5 consumer brands.[1]
Grupo Aval is the Bogotá holding company through which Luis Carlos Sarmiento Angulo controls four Colombian banks (Banco de Bogotá, Banco de Occidente, Banco Popular and Banco AV Villas), the pension fund manager Porvenir and the merchant bank Corficolombiana. It was incorporated on 7 January 1994 and took its present name in 1998. Mr. Sarmiento Angulo beneficially owned 81.2 per cent of its share capital and 97.9 per cent of its votes in April 2026. Its ADSs have traded on the NYSE since 2014. It describes itself as Colombia's largest banking group by consumer loans. In March 2026 it completed the sale of Panama's Multibank to BAC Holding.
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Company facts
- Legal name
- Grupo Aval Acciones y Valores S.A. (also Grupo Aval Acciones y Valores, Aval)
- Type
- publicly listed company · see all publicly listed company owners
- Headquarters
- 🇨🇴 Bogotá, Colombia
- Founded
- 1994
- Tickers
- NYSE: AVAL BVC: GRUPOAVAL BVC: PFAVAL
- SEC CIK
- 0001504764
- Last verified
- · 1 sources
Grupo Aval in numbers
- Grupo Aval owns 5 consumer brands tracked here across 1 top-level categories; the largest is finance & insurance with 5 brands.[1]
Everything Grupo Aval owns
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
- Banco AV Villas (79.87%)
- Banco de Bogotá (68.93%)
- Banco de Occidente (72.27%)
- Banco Popular (93.87%)
- Porvenir (75.76%)
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Brand portfolio by category
Finance & insurance (5)
- Banco AV Villas (79.87%)
- Banco de Bogotá (68.93%)
- Banco de Occidente (72.27%)
- Banco Popular (93.87%)
- Porvenir (75.76%)
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Frequently asked questions
What brands does Grupo Aval own?
Grupo Aval owns 5 consumer brands tracked here, including Banco de Bogotá, Banco Popular, Banco AV Villas, Banco de Occidente and Porvenir.
Is Grupo Aval a Colombian company?
Yes. Grupo Aval is headquartered in Bogotá, Colombia and was founded in 1994.
Who owns Grupo Aval?
Grupo Aval is a publicly listed company owned by its shareholders; it trades as AVAL on the NYSE, GRUPOAVAL on the BVC and PFAVAL on the BVC.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Grupo Aval Acciones y Valores S.A. Annual Report on Form 20-F filed 2026-04-17 — SEC EDGAR, SEC Form 20-F, published 17 April 2026; retrieved 28 October 2026.
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