On a national level, it also operates through subsidiaries: Corporacion Financiera Colombiana S.A., an investment bank; Almacenes Generales de Deposito Almaviva S.A., a products supply logistics company; Sociedad Fiduciaria Bogotá Fidubogotá S.A. and Fiduciaria del Comercio Fiducomercio S.A., trust and portfolio investment companies; Leasing Bogotá S.A., a leasing company; Valores Bogotá S.A., a provider of brokerage services; and Fondos de Pensiones y Cesantias Porvenir, a pensions and suspensions administrator.

Grupo Aval, a holding company which is one of the largest and most influential financial entities in Colombia, owns a majority of the Bank's outstanding voting shares.

Banco de Bogotá has utilized FIS' deposits, savings, financial management and architecture to support its retail banking operations since 1988.

Banco de Bogotá introduced the new product in February, ahead of its competitors, and captured a significant share of the market.

It is also planning a follow-up phase, which will utilize ALS-Servicing Manager for a new line of credit product and add additional inquiry transaction functionality for the teller system.