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Grupo BolivarColombia

Active

This profile is actively maintained
Last update: 2024-02-05 00:00:00
Grupo Bolivar's head office. Photo: Elberth 00001939 via Wikimedia Commons (CC BY-SA 3.0)

Active

This profile is actively maintained
Last update: 2024-02-05 00:00:00
Bank info
BankTrack campaigns
All
About
Website https://www.grupobolivar.com.co
Headquarters
Av. El Dorado No. 68 B 31 Piso 10
Bogota
Colombia
CEO/chair Miguel Cortés Kotal
President and Managing Director
Supervisor
Banco Central de Bolivia
Ownership
listed on Bolsa de Valores de Colombia

Grupo Bolivar's largest shareholder is Fundacion Universidad Externado de Colombia (26.63%). The bank's complete shareholder structure can be accessed here.

Grupo Bolivar, established in 1939, is a Colombia-based holding company engaged in the financial sector. Grupo Bolivar's main activities comprise the investments in real estate, stakes in other companies, fixed income bonds and property rights, among others. It is also involved in the commercial banking sector and insurance.

Sustainability
Commitments
Policies
Voluntary standards

Grupo Bolivar's most important sustainability commitments can be found at the website sections listed below.

Links

Sustainability

Human Rights Policy

Bank policy
2019-05-24 00:00:00 | Banco Davivienda (subsidiary of Grupo Bolivar)

Corporate social responsibility policy

Bank policy
2011-02-28 00:00:00 | Grupo Bolivar
Grupo Bolivar has committed itself to the following voluntary standards:
Global Reporting InitiativeTags: sustainable development | human rights
Principles for Responsible Banking (PRB)Tags: climate change | corporate social responsibility | finance | sustainable development | United Nations | Voluntary Standards
News
Resources
Documents
Accountability
Grievances

Grupo Bolivar does not operate a complaints or grievances mechanism for individuals or communities that might have been affected by its finance.

This page evaluates Grupo Bolivar's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed
Responded?
Total score
Response
Action
Monitoring

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Banks and Human Rights

Banks and Human Rights

BankTrack assessed Grupo Bolívar (Banco Davivienda) in its 2024 Human Rights Benchmark Latin America, part of the series of  BankTrack's Regional Benchmarks, where it achieved 4 points out of 14 and was ranked as a follower.

The BankTrack Human Rights Benchmark Latin America

Human Rights Benchmark Latin America 2024

BankLast update
Country
Score
Ranking
Details
Grupo Bolivar
COL
4
Follower 4
Explanation
Laggard
Follower
Moderate achiever
Leader
0 - 3 points
3.5 - 6.5 points
7 - 10 points
10.5 - 14 points
For more details see this page.