Grupo Aval Acciones y Valores S.A. AVAL Stock Analysis

About Grupo Aval Acciones y Valores S.A.

Grupo Aval Acciones Y Valores, S.A. provides a range of financial services and products to public and private sector customers in Colombia, Central America, and the Caribbean. The company operates in four segments: Banco De Bogotá, Banco De Occidente, Banco Popular, and Banco Comercial AV Villas. It offers various deposit products and services, such as checking accounts, savings accounts, time deposits, correspondent bank deposits, cashier checks, and collection services. The company also provides loan products, including commercial loans comprising general purpose loans, loans funded by development banks, credit cards, and overdraft loans; consumer loans consisting of personal, payroll loans, and automobile and other vehicle; microcredit loans; and mortgage loans, as well as financial leasing. In addition, it offers pension and severance fund management services; and collection and payment solutions, comprising tax payment and customs services, consignment services, online and bar code collection, Web services, credit card collection, electronic collection, automatic debit, third-party electronic payments, programmed service payments, social security payments, and prepaid cards. Further, the company offers foreign exchange services, documentation services, and guarantees; fiduciary services, including portfolio management, collateral and payment services for project finance, and real estate escrow services; merchandise storage and deposit, customs agency, cargo management, and merchandise distribution; brokerage services, fund management, portfolio management, securities management, and capital markets consulting services; and investment banking, treasury, and private banking services. As of December 31, 2014, it operated 1,418 branches and 3,791 ATMs. The company was founded in 1870 and is based in Bogotá, Colombia.