Davivienda to Integrate Davibank Assets, Targeting 30% Growth

Davivienda's president announced a plan to integrate Davibank's assets, transferring $30 trillion and acquiring 3.5 million clients, with details expected by end of 2026. This consolidation aims to boost Davivienda's scale by 30%, potentially reshaping Colombia's banking landscape. The move signals strategic expansion amid regional banking consolidation.