Guía de Emisores Acciones BVC ● Guide of Listed Companies 2014 Guía de Emisores Acciones BVC ● Guide of Listed Co | Page 33

Why are stock issues an attractive financing mechanism?
Would you recommend them?
Equity issues are a very important
financing mechanism, and I highly recommend this option in exchange for
ownership in a profitable business
and participation in its earnings. This
method generates a perpetual financial resource, from the funding of
investors that place their trust in the
ability of administrators to generate
value from their investment. All businesses ought to consider going public
on the securities market because this
presents a great alternative to traditional financing mechanisms. However, each business should carry out a
legal and financial assessment.
What expansion projects do
you have on the horizon?
We will remain focused on prompting the organic growth of our companies in the eleven countries where
we operate, positioning our company
on the cutting edge of product design
and services that satisfy the needs
of our more than 11.5 million clients
through traditional and alternative
channels. On the other hand, opportunities for inorganic growth will be
evaluated when these generate value for our present platform.
What is the added value offered by Grupo Aval as an issuer to
its shareholders?
Grupo Aval stock is registered
with the US Securities and Exchange
Commission (SEC). This means that
the company complies with all requirements which the SEC demands of
issuers trading on the NYSE. Thus,
data quality, transparency, reliability
and timeliness are in line with SEC
standards for presenting financial results. Quality of data processing and
controls also meet SEC standards.
This added value is only offered by
three Colombian companies.

PROTAGONISTAS

Foto: Cortesía Banco de Occidente

“Continuaremos enfoCados en
potenCializar el CreCimiento orgániCo de nuestras
entidades en los onCe países en donde operamos”
”We Will remain foCused on prompting the organiC groWth
of our Companies in the eleven Countries Where We operate”

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