Banco de Bogotá S.A. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
March 13, 2024 at 06:14 pm EDT
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Banco de Bogotá S.A. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported net interest income was COP 1,214,500 million. Net income was COP 37,700 million.
For the full year, the company reported net interest income was COP 5,056,800 million compared to COP 4,720,100 million a year ago. Net income was COP 954,100 million compared to COP 2,804,900 million a year ago.
Banco de Bogota SA is a Colombia-based financial institution engaged in the banking sector. Its businesses are structured into three segments: Personal Banking, Small and Medium-Sized Enterprises (SMEs) Banking and Corporate Banking. Its products and services include current and saving accounts, credit and debit cards, fixed-term deposits, consumer and commercial loans, among others. In addition, it is a member of Grupo Aval Acciones y Valores SA. The Company's operates through three divisions : General - Cars, which is related to loans granted to car purchase; General- Others, which consists of loans to purchase consumer goods other than cars; Credit Card division which includes acquisition of consumer goods used through a plastic card. The Bank owns such subsidiaries as Almaviva SA, Leasing Bogota SA Panama, Megalinea, Banco Bogota SA Panama, Fiduciaria Bogota SA and Bogota Finance Corporation, among others. In addition, it is a member of Grupo Aval Acciones y Valores SA.
BANCO DE BOGOTÁ S.A. 
