Banco de Occidente Assembly approves dividend distribution of $150,000 million

Banco de Occidente’s Ordinary General Assembly meeting was held today, at which the financial statements of the business were approved and its consolidated net profit exceeded $585,000 million.

Likewise, the House approved the distribution of more than US$150,000 million, an effective amount of US$80.18 per share per share, payable within the first 10 days of each month from April 2022 to March. 2023.

During the meeting, the head of the financial institution, César Prado Villegas, highlighted the sustainability strategy, in which business model decisions are aligned with the bank’s goal of influencing its stakeholders.

The company also achieved a growth of 31% in the digitalization process, which covers 50% of vehicle loan disbursements, 52% of credit card disbursements, 37% of personal loan disbursements, 36% of savings account openings and 66% of openings. it did. FiduOccidente Collective Mutual Funds.

It was emphasized that although the country lost its investment rating last year, the bank and its subsidiaries maintained their risk ratings with Standard & Poors and FitchRatings. In addition, companies and individuals’ transaction portals have been updated and the organization has received the Great Place To Work and Icontec Certification for the third year in a row for having work environment policies and practices that build trust and corporate loyalty.

and financial products were also launched. social impactFor example, the Unicef ​​credit card, where the bank donates 0.5% of the total purchases made by its customers to the Unicef ​​Wash program with the aim of bringing potable water to different vulnerable populations in the country.

Source: Lare Publica

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