Colombia's Grupo Aval swings to loss in Q4

March 04, 2023 12:42 PM AEDT | By Reuters
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March 3 (Reuters) - Colombian financial conglomerate Grupo Aval reported a fourth-quarter net loss of 330.4 billion pesos ($68 million) Friday, reversing the strong profit it recorded a year earlier.

The company said interest income for the three months ending Dec. 31 surged 85% to 6.14 trillion pesos.

($1= 4,855.83 Colombian pesos) (Reporting by Kylie Madry and Noe Torres; Editing by Sarah Morland)


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