Banco Davivienda Reports Consolidated Earnings Results for the Fourth Quarter and Full Year 2018
March 12, 2019
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Banco Davivienda reported consolidated earnings results for the fourth quarter and full year 2018. For the quarter, the company reported interest income of COP 2,435 billion compared to COP 2,325 billion a year ago. Net profit was COP 374 billion compared to COP 360 billion.
For the year, the company reported interest income of COP 9,510 billion compared to COP 9,338 billion a year ago. Net profit was COP 1,399 billion compared to COP 1,283 billion.
Banco Davivienda SA is a Colombia-based banking institution. The Bankâs products and services include savings and current accounts, consumer and commercial loans, credit and debit cards, mortgages, fixed-term deposits, portfolio management, foreign trade financing and a variety of insurance policies, as well as other banking operations to individuals and businesses. As of December 31, 2012, the Bank operated a network of 572 branch offices located nationwide and one in the United States. It also owned such subsidiaries as Fiduciaria Davivienda SA, Dadivalores SA, Bancafe Panama SA and Fiduciaria Cafetera SA, among others. In addition, Grupo Empresarial Bolivar was the Companyâs major shareholder.
BANCO DAVIVIENDA S.A. 
