EX-8.1 2 t1601148_ex8-1.htm EXHIBIT 8.1

 

Exhibit 8.1

 

SUBSIDIARIES OF THE REGISTRANT

 

The following are the significant subsidiaries of Grupo Aval Acciones y Valores S.A.

 

Name

 

Jurisdiction of Incorporation

     
Banco de Bogotá S.A.   Colombia
     
Banco de Occidente S.A.   Colombia
     
Banco Popular S.A.   Colombia
     
Credomatic International Corporation   British Virgin Islands
     
BAC Credomatic Inc.   British Virgin Islands
     
BAC International Corporation   British Virgin Islands
     
Leasing Bogotá S.A., Panamá   Panamá
     
BAC International Bank, Inc.   Panamá