Corficolombiana - Visor de contenido general - WCV(JSR 286)


Corficolombiana - Visor de contenido general - WCV(JSR 286)

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Corficolombiana - Visor de contenido general - WCV(JSR 286)


Corficolombiana - Visor de contenido general - WCV(JSR 286)


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Corficolombiana - Visor de contenido general - WCV(JSR 286)

About Us

About Us

Always looking forward to what lies ahead, we work day in and day out to foster our country's growth and to offer timely responses to the needs of our customers.

We invite you to understand our present:

Find our organizational flowchart here

Find our statutes here

Our activities are supported on an organizational philosophy that is a basic part of our development and company projection. We invite you to take a look at it.


To be creative and efficient in the management of investments and in the procurement of investment opportunities and financial solutions, based on the needs of the customers and on our experience and know-how, creating value to our stock holders and our community.


To be recognized as the leading financial institution in the creation, development, management and distribution of investments, committed to the economic growth of the country.


Our core values are:

  • Integrity
  • Creativity
  • Leading by example
  • Listening to understand
  • Teamwork
  • Improving each other

At Corficolombiana we hold policies and practices based on principles and values, which help us achieve the objectives of the company and help us strengthen mutual benefit relationships with our interest groups (stock holders, customers, investment portfolio companies, suppliers, collaborators and the community at large), by assessing and measuring our social, economic and environmental impact.

Alongside our corporate objectives, we observe our corporate social responsibility objectives through our business units, branches and portfolio companies with whom we achieve a higher impact by reaching different sectors of society.

Here you can find our 2017 Social Responsibility Report, which includes management and activities, undertaken during that time period, which have helped the growth of our society and our nation.

Access to our Corporate Presentation here

As a result of the shares issuance, we present the list of main shareholders as of September 30 2019:

Shareholders Number of ordinary shares Number of preferential shares Total shares Participation
Banco de Bogotá S.A. 98.633.162 0 98.633.162 33,25%
Adminegocios S.A.S. 31.818.329 90.221 31.908.550 10,76%
Grupo Aval Acciones y Valores S.A. 24.363.580 0 24.363.580 8,21%
Banco Popular S.A. 14.761.559 0 14.761.559 4,98%
Banco de Occidente S.A. 11.868.682 0 11.868.682 4,00%
Fondo de Pensiones Obligatorias Protección Moderado 6.353.240 261.200 6.614.440 2,23%
Fondo de Pensiones Obligatorias Porvenir Moderado 4.101.717 2.260.498 6.362.215 2,14%
Consultorias de inversiones S.A 5.862.690 0 5.862.690 1,98%
Erfost SAS 4.013.426 1.387.696 5.401.122 1,82%
Cubides Olarte Henry 4.878.673 0 4.878.673 1,64%
Fondo Bursatil Ishares Colcap  4.757.124 0 4.757.124 1,60%
Norges Bank-CB New York 4.441.929 0 4.441.929 1,50%
Martdos S.A.S 0 2.209.503 2.209.503 0,74%
Fondo de Pensiones Obligatorias Colfondos Moderado  1.720.028 459.112 2.179.140 0,73%
Moreno Ulloa Martha Lucia  2.151.435 0 2.151.435 0,73%
Old Mutual Fondo de Pensiones Obligatorias Moderado 1.773.793 308.774 2.082.567 0,70%
Vanguard Total International Stock Index Fund 1.627.674 0 1.627.674 0,55%
Vanguard Emerging Markerts Stock Index Fund 1.380.110 0 1.380.110 0,47%
Fondo Bursatil Horizons Colombia Select de S&P 1.255.260 0 1.255.260 0,42%
Torrado Torrado Martha Eugenia  308.311 943.002 1.251.313 0,42%
Mejia Cabal Ivan Felipe 1.225.780 0 1.255.780 0,41%
Soto Estrada Manfredo  422.255 666.541 1.088.796 0,37%
Fondo de Cesantias Porvenir 732.845 316.078 1.048.923 0,35%
Fondo de Cesantias Protección Largo Plazo 703.577 327.939 1.031.516 0,35%
Utilico Emerging Markets Limited 976.438 0 976.438 0,33%
Other Shareholders 49.781.327 7.468.870 57.250.197 19,30%
TOTAL 279.912.944 16.699.434 296.612.378 100%

For further information regarding Grupo Aval, visit

Grupo Aval Acciones y Valores S.A. signed a shareholders' agreement with Banco de Bogota, Banco de Occidente and Banco Popular on June 21, 2016 which resulted in the presumption of subordination on Corporacion Financiera Colombiana S.A. under paragraph 3 of Article 261 of the Commercial Code, headed by Grupo Aval. Click  here to visit Grupo Aval.

The aforementioned shareholders' agreement was filed at the offices of the corporation in accordance with article 70 of Law 222/1995 and registered with the National Registry of Securities and Issuers of the Financial Superintendence in compliance with article 43 of Law 964/2005.

The control status was registered with the Bogota Chamber of Commerce, under commercial registration No. 01554626 corresponding to Corficolombiana S.A., on June 29, 2016 under No. 02117730 of Book IX.

Additional Information

The above-mentioned shareholders hold the following shareholding percentages in Corficolombiana S.A.

Name %
Banco de Bogota S.A. 32.93
Grupo Aval Acciones y Valores S.A. 8.13
Banco Popular S.A. 4.93
Banco de Occidente S.A. 3.96
Total 49.95

Therefore, the percentage of outstanding shares of Corficolombiana S.A., which is held by people other than those mentioned above, is equal to 50.05%.

The following chart shows the participation that Corficolombiana has in its investments:

Corficolombiana - Visor de contenido general - WCV(JSR 286)


Corficolombiana Inglés - Información General Footer - WCV(JSR 286)