Fitch Places 2 Largest Colombian Bank's and Related Entities' Ratings on Negative Watch

NEW YORK–(BUSINESS WIRE)–Fitch Ratings has placed selected International Scale ratings of Banco de Bogota S.A. (Bogota), Bancolombia S.A. (Bancolombia) and certain related entities on Rating Watch Negative, following the release of their latest financial reports which reflected weaker than expected capital metrics. The two banks and their affected related entities are: Banco de Bogota S.A.; –Grupo Aval Acciones y Valores S.A.; –Grupo Aval Limited; –Corporacion Financiera Colombiana S.A.; a
Source: BusinessWire-Primary

Fitch Places 2 Largest Colombian Bank's and Related Entities' Ratings on Negative Watch