DAVIVIENDA CORREDORES Risk Report

🏗️ Operational & Business Continuity

Davivienda Corredores is navigating a business landscape marked by significant changes and challenges. A major shift occurred when progressive Colombian policies, such as pension reform, were approved, potentially impacting operational dynamics for financial entities within the country. Additionally, fluctuations in investment levels and transformations in regional asset management highlight the complexity of maintaining consistent business operations.

• Colombia's Senate approved a pension reform initiative 🗓 April 23, 2024, marking a major victory for President Petro and indicating potential operational shifts for financial firms like Davivienda Corredores.
• The economy faced investment challenges with a decline of 24.8% in the previous year, complicating economic recovery efforts and possibly affecting operational stability 🗓 February 17, 2024.