BBVA Colombia
Headquarters in Bogota | |
| Type | Subsidiary |
|---|---|
| BVC: BBVACOL | |
| ISIN | COB13PA00019 |
| Industry | Financial services |
| Founded | 1996 |
| Headquarters | , |
Number of locations | 424 (2025) |
Area served | Colombia |
Key people | Mario Pardo Bayona[1] (Chairman) |
| Revenue | COP 458 billion (2025)[2] (USD 126,8 millions) |
| Total assets | COP 110 164 billion (2025)[2] (USD 30,5 billion) |
| Total equity | COP 7858 billion (2025)[2] (USD 2,19 billion) |
Number of employees | 5119 (2025) |
| Parent | BBVA |
| Website | www |
BBVA Colombia, is the Colombian subsidiary of Banco Bilbao Vizcaya Argentaria, is a private bank between the Big Four banks of Colombia.
History
In 1996, BBVA acquired 40% of Banco Ganadero, which was under state control. In 1998, BBVA acquired another 15%, thus achieving a majority stake.[3] In 2004, BBVA Banco Ganadero changed its commercial name to BBVA Colombia.[4]
In October 2005, BBVA continued its expansion in the Colombian market, acquiring Granahorrar Bank in a public auction for USD 423 millions.[5] The legal merger was completed in May 2006.[6]
In 2001, the bank acquired the pension fund AFP Horizonte, which was the largest in the country under BBVA's management. In April 2013, BBVA decided to exit the pension business in Latin America due to the 2008 financial crisis. In Colombia, it sold AFP Horizonte for US$530 million;[7] 50% was acquired by AFP Porvenir and 50% by AFP Protección.
In 2008, the BBVA Foundation created Bancamia, a bank focused on microfinance.[8]
List of presidents
| N.° | Name | Mandat |
|---|---|---|
| 1 | Vicente Benedito | 1998–2002 |
| 2 | Luis Juango Fitero | 2002–2008 |
| 3 | Óscar Cabrera | 2008–2020 |
| 4 | Mario Prado Bayona | Since 2020 |
See also
References
- ^ Rodríguez, Holman (2026-04-06). "BBVA cumple 30 años en Colombia y acelera su transformación con inversiones por más de $300.000 millones". Portafolio (in Spanish).
- ^ a b c "Estados Financieros Consolidados 2025 - BBVA Colombia" (PDF) (in Spanish).
- ^ Hernández, Camilo (2021-12-28). "BBVA cumplió 25 años en Colombia: razones para invertir en el país". Portafolio (in Spanish).
- ^ "LA MARCA BANCO GANADERO SALE DEL MERCADO FINANCIERO". El Tiempo (in Spanish). 2004-04-15.
- ^ "La filial colombiana del BBVA compra el banco estatal Granahorrar por 423,6 millones de dólares". El País (in Spanish). 2005-10-31. ISSN 1134-6582.
- ^ "El Bbva y Davivienda, desde hoy suman nuevos negocios". Portafolio (in Spanish). 2006-05-02.
- ^ "Grupo Aval cierra compra de la AFP Horizonte". Portafolio (in Spanish). 2013-04-18.
- ^ "Bancamía, nuevo banco que promete prestar con la cédula". Portafolio (in Spanish). 2008-10-16.