Approval of proposal by Banco Davivienda

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Approval of proposal by Banco Davivienda

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The following press release was published by the Board of Governors of the Federal Reserve System on Sept. 7, 2010. It is reproduced in full below.

The Federal Reserve Board on Tuesday announced the approval of an application by Banco Davivienda, S.A., Bogotá, Colombia, to establish a branch in Miami, Florida, through the conversion of its wholly owned subsidiary, Bancafé International, an Edge Act corporation.

Attached is the Order relating to this action.

Source: Board of Governors of the Federal Reserve System

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