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This company began activities in 1972 with name Corporation of savings and housing the villas.
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Ahorramas entered to be part of group AVAL a mid 1997.
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This important financial group took control of five companies among these the AV Villas Bank, This financial group is largest of country.
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The corporates converted in commercial banks. With objetive of provide greater diversity products and services.
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The law 546 of 1999 (housing law) created the unit of real valor UVR in replace of UPAC.
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In the first months of 2000 the corporation the villas absorbed the corporation Ahorramas. In this way became the sixth financial company most large of the country.
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In march the 2002 AV VILLAS converted in bank.