Banco de Occidente definition

Banco de Occidente means Banco de Occidente S.A. and its consolidated subsidiaries;
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Examples of Banco de Occidente in a sentence

  • Non-controlling Interest in Grupo Aval reflects: (i) the minority stakes that third party shareholders hold in each of its direct consolidated subsidiaries (Banco de Bogotá, Banco de Occidente, Banco Popular, Banco AV Villas and Corficolombiana), and (ii) the minority stakes that third party shareholders hold in the consolidated subsidiaries at the bank level (mainly Porvenir).

  • Non-controlling interest in Grupo Aval reflects: (i) the minority stakes that third party shareholders hold in each of its direct consolidated subsidiaries (Banco de Bogotá, Banco de Occidente, Banco Popular, Banco AV Villas and Corficolombiana), and (ii) the minority stakes that third party shareholders hold in the consolidated subsidiaries at the bank level (mainly Porvenir).

  • During 2018, the resignation of Mr. Efrain Otero Alvarez to the position as President of Banco de Occidente was submitted to the Board of Directors, position that had been held for twenty three (23) years, as well as the appointment of the new President, Mr. Cesar Prado Villegas.

  • The shareholding structure of Banco de Occidente is presented according to the information reported to the Financial Superintendence of Colombia and that to which the public has access and published on our website.

  • The Financial Entities of Bancolombia S.A., Banco de Occidente S.A. and Banco Bilbao Vizcaya Argentaria Colombia S.A. have established a special credit line to fund the purchase of the Shares by the Special Terms Recipients for a non-inferior aggregate amount, collectively, of ten percent (10%) of the total value of the Shares, which are detailed in the Disposal Regulations referred to in clause 12 of this notice.

  • Minority Interest in Grupo Aval reflects: (i) the minority stakes that third party shareholders hold in each of its direct consolidated subsidiaries (Banco de Bogotá, Banco de Occidente, Banco Popular and Banco AV Villas), and (ii) the minority stakes that third party shareholders hold in the consolidated subsidiaries at the bank level (mainly Corficolombiana and Porvenir).

  • Minority interest in Grupo Aval reflects: (i) the minority stakes that third party shareholders hold in each of its direct consolidated subsidiaries (Banco de Bogotá, Banco de Occidente, Banco Popular and Banco AV Villas), and (ii) the minority stakes that third party shareholders hold in the consolidated subsidiaries at the bank level (mainly Corficolombiana and Porvenir).

  • Banco de Occidente held one (1) Shareholders' Meeting on the fifteenth (15) of March 2018, which had an active participation of 146,649,275 shares, corresponding to 94.06% of the outstanding shares.

  • Banco de Occidente has three support committees for the different functions vested upon the Board of Directors according to the regulations approved; such committees are as follows: i) Audit Committee, ii) Good Corporate Governance Committee and iii) Appointments and Retributions Committee.

  • Successful debt refinancing for US$101 million Dated August 25, 2020, Hortifrut S.A. subscribed a union credit contract and a bilateral credit contract for the total of US$101 million, with the participation of Banco Santander, Industrial and Commercial Bank of China (ICBC Bank), Banco de Occidente, Bladex and Rabobank, both for a 5 year term with a 2 year grace period.

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