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SUBSEQUENT EVENTS (Tables)
12 Months Ended
Dec. 31, 2019
Disclosure of non-adjusting events after reporting period [abstract]  
Explanation of financial effect of non-adjusting event after reporting period [text block]

 

 

 

 

Net income for period ended December 31, 2019 included in the unconsolidated financial statements of Grupo Aval

 

 

3,031,238

Occasional reserve release at the disposal of the General Meeting of Shareholders

 

 

7,816,338

Total Income available for disposal of the General Meeting of Shareholders

 

 

10,847,576

 

 

 

 

Cash Dividends

 

 

Ps. 60 per share payable in twelve monthly installments of Ps. 5.00 per share, from April 2020 to March, 2021.

Total shares outstanding

 

 

22,281,017,159

Total dividends declared

 

Ps.

1,336,861

 

 

 

 

To Occasional reserve at the disposal of General Meeting of Shareholders

 

 

9,510,715