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Banco Davivienda El Salvador, established in 1885, is the third largest bank in El Salvador. [1] As of 2012 [update] , it had some 65 branches, 1,800 employees and $1.5 billion in assets. History
On July 1, 1997, Davivienda became Banco Davivienda S.A. and in May 2006, it merged with Banco Superior. In 2006, it purchased Granbanco S.A - Bancafé from the Colombian government for US$2.2 billion, outbidding Banco de Bogotá by US$327 million. [3] The acquisition allowed Davivienda to expand its business in the corporate and agricultural ...
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