Itaú Unibanco completes transfer of Itaú Colombia retail banking portfolio to Banco de Bogotá for BRL 2.5 billion
ITUB•Capital impact and strategic focus
Itaú Unibanco said the move had no material impact on the group’s regulatory capital ratio.
Itaú Colômbia will shift focus to corporate banking, aligning with a strategy to maximize capital returns.
Itaú Colombia retail banking transfer completed
Itaú Unibanco said Banco Itaú Colômbia completed the transfer of its retail banking operation for individuals to Banco de Bogotá at book value.
The transaction covered about BRL 9.7 billion in net loan book and BRL 7.2 billion in deposits, with net value of about BRL 2.5 billion.
