Corficolombiana

Financial ServicesCapital District, Colombia501-1000 Employees

Corficolombiana operates as a leading merchant bank in Colombia, noted for its sizable asset base, shareholder equity and net income. Its core activity involves actively managing an equity portfolio through controlling and non-controlling stakes in key sectors of the Colombian economy, including infrastructure, energy and gas, agribusiness and hotels. The organization also runs treasury operations that oversee a proprietary fixed-income portfolio and offer treasury products to corporate clients. Beyond its equity focus, the company provides financial services such as leasing, offshore banking and fiduciary activities, in addition to investment banking services.

Based in Bogotá, Capital District, Colombia, the firm employs hundreds of professionals and serves corporate clients across the country. The company operates within the financial services industry with a diversified set of offerings centered on equity portfolio management, fixed-income management and corporate advisory. In August 2023, representatives for Grupo Aval and its subsidiary Corporación Financiera Colombiana, also known as Corficolombiana, entered into an agreement with U.S. prosecutors to settle violations of the U.S. Foreign Corrupt Practices Act.

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