Moody's changes to stable the outlook of Banco de Bogota's and Grupo Aval's ratings; affirms all ratings
Rating Action: Moody's changes to stable the outlook of Banco de Bogota's and Grupo Aval's ratings; affirms all ratings. Global Credit Research- 07 Jul 2017. New York, July 07, 2017-- Moody's Investors Service, has today changed Banco de Bogota S.A.' s outlook to stable, from negative.Grupo Aval Acciones y Valores is a financial services group based in Columbia. Co. is engaged transactions and services related to the banking and financial industry. Co. provides a comprehensive range of financial services and products ranging from traditional banking services, such as making loans and taking deposits, to pension and severance fund management. Co. conducts its operations through its four banks (Banco de BogotA!, Banco de Occidente, Banco Popular and Banco AV Villas), a pension and severance fund manager (Porvenir), Co.'s merchant bank (Corficolombiana) and Co.'s Central American banking group (BAC Credomatic).
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