Grupo Aval Acciones Y Valores S.A. | CIK:0001504764 | 3

  • Filed: 4/27/2018
  • Entity registrant name: Grupo Aval Acciones Y Valores S.A. (CIK: 0001504764)
  • Generator: DataTracks
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1504764/000114420418022931/0001144204-18-022931-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1504764/000114420418022931/aval-20171231.xml
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    • ifrs-full:DisclosureOfDepositsFromCustomersExplanatory

    NOTE 20 – CUSTOMER DEPOSITS
     
    Following is a detail of the balances of the deposits received from Grupo Aval´s customer:
     
    Detail
     
    December 31, 2017
     
     
    December 31, 2016
     
     
     
     
     
     
     
     
    Demand
     
     
     
     
     
     
     
     
    Checking accounts
     
    Ps.
    36,017,602
     
     
    Ps.
    34,978,189
     
    Savings accounts
     
     
    55,778,677
     
     
     
    50,573,924
     
    Other funds on demand
     
     
    472,782
     
     
     
    328,798
     
     
     
     
    92,269,061
     
     
     
    85,880,911
     
     
     
     
     
     
     
     
     
     
    Term deposits
     
     
     
     
     
     
     
     
    Fixed term deposit certificates
     
     
    62,616,163
     
     
     
    58,006,144
     
    Total Deposits
     
     
    154,885,224
     
     
     
    143,887,055
     
     
     
     
     
     
     
     
     
     
    Per currency
     
     
     
     
     
     
     
     
    In Colombian Pesos
     
     
    96,797,225
     
     
     
    90,834,599
     
    In foreign currency
     
     
    58,083,025
     
     
     
    53,014,364
     
    Other
     
     
    4,974
     
     
     
    39,092
     
    Total per currency
     
    Ps.
    154,885,224
     
     
    Ps.
    143,887,055
     
     
    The detail of the maturities of term deposits in force as of December 31, 2017 is as follows:
     
    Year
     
    2017
     
    2018
     
    Ps.
    44,746,591
     
    2019
     
     
    8,672,896
     
    2020
     
     
    2,872,870
     
    2021
     
     
    1,418,289
     
    After 2021
     
     
    4,905,517
     
    Total
     
    Ps.
                      62,616,163
     
     
    A summary of the effective interest rates which are accrued on customer deposits is as follows:
     
    December 31, 2017
     
     
    Deposits
    in Colombian Pesos
    Rate
     
     
    In foreign currency
     
     
     
    Minimum
     
     
    Maximum
     
     
    Minimum
     
     
    Maximum
     
     
     
    %
     
     
    %
     
     
    %
     
     
    %
     
    Checking accounts
     
     
    0.06
    %
     
     
    5.77
    %
     
     
    0.15
    %
     
     
    1.50
    %
    Saving accounts
     
     
    0.01
    %
     
     
    8.55
    %
     
     
    0.05
    %
     
     
    8.00
    %
    Fixed term deposit certificates
     
     
    0.05
    %
     
     
    9.72
    %
     
     
    0.01
    %
     
     
    10.43
    %
     
    December 31, 2016
     
     
    Deposits
    in Colombian Pesos
    Rate
     
     
    In foreign currency
     
     
     
    Minimum
     
     
    Maximum
     
     
    Minimum
     
     
    Maximum
     
     
     
    %
     
     
    %
     
     
    %
     
     
    %
     
    Checking accounts
     
     
    0.53
    %
     
     
    8.54
    %
     
     
    0.10
    %
     
     
    4.08
    %
    Saving accounts
     
     
    0.01
    %
     
     
    8.75
    %
     
     
    0.05
    %
     
     
    4.08
    %
    Fixed term deposit certificates
     
     
    0.05
    %
     
     
    12.64
    %
     
     
    0.05
    %
     
     
    13.04
    %
     
    Following is the detail of the concentration of deposits received from customers per economic sector:
     
     
     
    December 31, 2017
     
     
    December 31, 2016
     
     
     
    Amount
     
     
    %
     
     
    Amount
     
     
    %
     
    Commerce
     
     
    29,587,825
     
     
     
    19
    %
     
     
    20,717,015
     
     
     
    14
    %
    Financial
     
     
    25,302,624
     
     
     
    16
    %
     
     
    19,591,523
     
     
     
    14
    %
    Individuals
     
     
    23,362,871
     
     
     
    15
    %
     
     
    36,983,897
     
     
     
    26
    %
    Government and Colombian Government Entities
     
     
    17,443,318
     
     
     
    11
    %
     
     
    14,879,219
     
     
     
    10
    %
    Manufacturing
     
     
    9,016,500
     
     
     
    6
    %
     
     
    7,902,332
     
     
     
    5
    %
    Real Estate
     
     
    6,197,620
     
     
     
    4
    %
     
     
    7,078,922
     
     
     
    5
    %
    Agriculture and livestock
     
     
    2,401,684
     
     
     
    2
    %
     
     
    3,241,177
     
     
     
    2
    %
    Colombian Municipalities
     
     
    2,290,683
     
     
     
    1
    %
     
     
    3,289,615
     
     
     
    2
    %
    Foreign Governments
     
     
    799,687
     
     
     
    1
    %
     
     
    1,048,947
     
     
     
    1
    %
    Other(1)
     
     
    38,482,412
     
     
     
    25
    %
     
     
    29,154,408
     
     
     
    21
    %
    Total
     
     
    154,885,224
     
     
     
    100
    %
     
     
    143,887,055
     
     
     
    100
    %
     
    (1)
    December 31, 2017, includes deposits from, education entities of Ps. 1,189,343, services sector of Ps. 10,201,383, science and technology Ps. 1,884,123, hydrocarbons Ps. 3,113,098, transport Ps. 1,990,271 and others in the sector Ps. 20,104,194.