HISTORY AV VILLAS BANK

ORIGIN CORPORATION OF SAVING AND HOUSING THE VILLAS

Jan 2, 1972

This company began activities in 1972 with name Corporation of savings and housing the villas.

AHORRAMAS AND AVAL GROUP

Jun 3, 1997

Ahorramas entered to be part of group AVAL a mid 1997.

CONTROL BY THE GROUP AVAL

Feb 2, 1998

This important financial group took control of five companies among these the AV Villas Bank, This financial group is largest of country.

CONVERSION OF CORPORATES IN BANKS

Mar 3, 1999

The corporates converted in commercial banks. With objetive of provide greater diversity products and services.

UVR REPLACE UPAC

Jun 4, 1999

The law 546 of 1999 (housing law) created the unit of real valor UVR in replace of UPAC.

FUSION CORPORATION THE VILLAS AND CORPORATION AHORRAMAS

Feb 3, 2000

In the first months of 2000 the corporation the villas absorbed the corporation Ahorramas. In this way became the sixth financial company most large of the country.

AV VILLAS BECOME IN BANK

Mar 2, 2002

In march the 2002 AV VILLAS converted in bank.