Mar 05, 2024 / 02:00PM GMT
Operator
Welcome to Grupo Aval's 4Q 2023 consolidated results conference call. My name is Mandeep, and I will be your operator for today's call.
Grupo Aval Acciones y Valores S.A. is an issuer of securities in Colombia and in the United States. As such, it is subject to compliance with securities regulation in Colombia and applicable US securities regulation. Grupo Aval is also subject to the inspection and supervision of the Superintendency of Finance as holding company of the Aval financial conglomerate.
The consolidated financial information included in this document is presented in accordance with IFRS as currently issued by the IASB. Details of the calculations of non-IFRS measures, such as ROAA and ROAE, among others, are explained when required in this report.
Banco de Bogotá executed a spin-off of a 75% equity stake in BAC Holding International Corp to its shareholders, and Grupo Aval subsequently spun-off its equity interest to its shareholders on March 29, 2022. On December 19, 2022, Banco de Bogotá sold 20.89% of the outstanding investment of BHI through a tender offer.
Q4 2023 Grupo Aval Acciones y Valores SA Earnings Call Transcript
Mar 06, 2024
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