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report2ndquarter2012.pdf
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🔗 Source: ir.davivienda.com
📊 Size: 1.47 MB
👤 Author: EJECUTIVO 4
⬇️ Downloads: 101

Summary

Davivienda advances in its acquisition process of HSBC in Central America, asking for authorizations from regulatory entities. The bank successfully placed its first bonds in the international debt market for $500 million. DaviPlata, its e-Wallet, received the Harvard Business Review McKinsey M Prize and has over 586,000 users. Operating highlights include a 15% increase in consumer credit disbursements, 30% growth in social housing mortgage credit, and 18.6% growth in commercial loans. Colombia's economy slowed down in the first quarter of 2012, with a GDP growth of 4.68%, and annual inflation decreased to 3.24%. The bank's assets increased 0.9% compared to 1Q12 and 15.2% compared to 2Q11, reaching $37.8 trillion.

Description

Davivienda advances in its acquisition process of HSBC in Central America, asking for authorizations from regulatory entities.

Technical Information

  • File Format: PDF
  • File Size: 1.47 MB
  • Pages: 22
  • Language: EN
  • Author: EJECUTIVO 4
  • Total Downloads: 101
  • Last Updated: 1 month ago

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