Davivienda absorbs DAVIbank to become Colombia's second largest bank

Banco Davivienda has completed the partial transfer of assets, liabilities, and contracts from DAVIbank, effective November 1, 2026. This integration, approved by the Financial Superintendence of Colombia, consolidates Davivienda as the second largest player in the Colombian financial system.

Following the merger, Davivienda's assets have grown by approximately 21%, exceeding $194 trillion pesos, with a pro forma market share of nearly 16%. The bank's gross portfolio has also increased by about 21% to over $151 trillion pesos, representing an 18.7% market share. The entity's equity is estimated at approximately $15.7 trillion pesos.

For existing customers, the bank stated that no changes are required for current financial products, passwords, or digital channels. Users of both Davivienda and DAVIbank can continue to use the combined network of offices and ATMs without friction.