Grupo Bolivar aims to expand internationally

Colombian financial conglomerate Grupo Bolivar, which has interests in the insurance and banking sectors, is planning to expand its presence in Latin America and the US. The company has been entering new markets such as Costa Rica, Venezuela, Ecuador and Panama, while it is considering to arrive in Argentina, Chile or Peru.

For instance, its bank Banco Davivienda has a subsidiary in Panama and US, which Grupo Bolivar intends to expand and improve its services. In Venezuela, the company also operates a life insurance company together with local investors.

Publication: Esmerk - News monitoring
Provider: Esmerk
December 8, 2009