[1] Corfivalle (La Corporación Financiera del Valle) began on April 27, 1961, when more than one hundred investors met at the Cali Chamber of Commerce and signed Articles of Incorporation.

On November 27, the Articles of Incorporation were released to the public and the corporation opened to business that same day, having a supervisor and nine employees on the payroll, with offices in Cali and Bogotá.

Also in 1961, Corfivalle opened its International Department, and received its first Letter of Credit from a foreign bank in order to finance the purchase of new equipment.

By 1982, Corfivalle specialized in offering credits for the repayment of a contract at a discount and in promoting projects financed within the guidelines of the World Bank.

In 1985, the International Finance Corporation extended credit, underwritten by the United States, of $6 million to Corfivalle, having a term of 8 years with a 5-year grace period.