Through the Financial Superintendence of Colombia (SFC), the Endorsement Group reported that its 2021 fiscal year profits closed at $3.5 billion. Of this total, the amount with benefit amounted to $1.61 trillion, while the item without benefit was $1.88 trillion.
The reported amount represents a drop of nearly $500,000 when compared to the financial results obtained in 2019 ($3.03 billion).
Within the profit distribution project that was published, the profit reserve release totaled $10.51 billion, of which $2.05 billion are from 2016 and previous years; and $8.64 billion for 2017 and subsequent periods.
Thus, the total that will be made available to the Shareholders’ Meeting will be $14.02 trillion, that is, it is the amount of the Occasional Reserve for consideration by the company’s highest corporate body.
The Ordinary Shareholders’ Meeting of the company will be convened on March 30, 2022 at 9 am in the assembly hall of Banco de Bogotá, located at calle 36 # 7-47, piso 1, in Bogotá.
