Trust Companies

Fitch Ratings withdrew the investment administration quality rating from Fiduciaria de Occidente due to a partial spin-off approved in 2025 that transferred its activities to Aval Fiduciaria. However, the ratings for the funds managed by the entity remain in effect, and Aval Fiduciaria retains its 'Excelente(col)' rating. Additionally, BRC Ratings granted an initial AAA rating for portfolio administration quality.