Aval Fiduciaria clients can schedule fund contributions from Banco de Occidente

Clients of Aval Fiduciaria Asset Management who hold accounts at Banco de Occidente can now schedule automatic contributions to their collective investment funds through the bank's transactional portal.

The new tool lets users set the contribution amount, start date and frequency, whether for one-time or recurring transfers on a weekly, monthly or quarterly basis.

Alejandro Gómez, president of Aval Fiduciaria Asset Management, said the feature aims to simplify investing and encourage steady financial discipline among clients.

The launch comes as Colombia posted savings of 8.1% of GDP and investment of 20.1% of GDP in 2025. Asofiduciarias reported more than 200,000 new investors entered collective funds last year in a sector managing 1,110 trillion pesos in assets.

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Illustration of Colpensiones president demanding transfer of pension funds in a government meeting.
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Colpensiones demands transfer of over 27 trillion pesos from private funds

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Colpensiones president Jaime Dussán demanded during the Council of Ministers the immediate transfer of more than 27 trillion pesos from private pension funds to the public entity for affiliates who switched to the public regime.

Aval Fiduciaria, a subsidiary of Grupo Aval, and BlackRock have launched a new Collective Investment Fund (FIC) allowing Colombians to access global markets from $1 million via ETFs listed on the Colombia Stock Exchange. The product aims to boost fund participation, currently at just 5% of the population. It features a fully digital onboarding process completed in under five minutes.

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Grupo Aval held its ordinary shareholders' assembly on Friday, highlighting 69.6% profit growth at the end of 2025 to $1.72 trillion. President María Lorena Gutiérrez warned of macroeconomic challenges, including projected inflation of 6.5% by year-end and interest rates reaching 11%. Shareholders approved $755 billion in dividends.

The US Financial Crimes Enforcement Network issued an amendment allowing fund transfers needed for Mexico to liquidate CIBanco, accused of money laundering. This follows the bank's voluntary request to revoke its banking license. The Institute for the Protection of Bank Savings confirmed the process for paying guaranteed obligations.

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GOU Payments, a Grupo Aval company, has received certification from Banco de la República to operate in the Bre-B instant payments system. The approval verifies its technological, operational, and security capabilities for 24/7 instant payments. The fintech aims to boost financial inclusion in Colombia.

BBVA announced an investment exceeding 300 billion pesos in artificial intelligence and technological capabilities in Colombia, as part of its 30 years of operations in the country.

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The Tribunal Administrativo de Cundinamarca has backed the Consejo de Estado ruling that suspends transfers of funds from AFP private pension administrators to Colpensiones. The decision drew criticism from President Gustavo Petro and Labor Minister Antonio Sanguino. Colpensiones stated that resources belonging to 129,000 people who switched regimes must be moved to cover pension payments.

 

 

 

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