Banco Davivienda S.A. Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended of June 30, 2020
August 14, 2020 at 10:29 pm EDT
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Banco Davivienda S.A. reported consolidated earnings results for the second quarter and six months ended of June 30, 2020. For the quarter, the company reported Profit for the period of COP 121,567 Million compared to COP 361,751 Million a year ago.
For the six months, the company reported Profit for the period of COP 346,170 Million compared to COP 755,010 Million a year ago.
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.