Grupo Cibest, the holding company of Colombia’s Bancolombia, closed its purchase of 100% of the shares of fintech Avista Colombia, completing the deal on 3 August 2026. Grupo Cibest, the Medellín-based parent of Bancolombia, has completed its 100% acquisition of Avista, a “silver-economy” libranza fintech serving Colombian pensioners, folding the payroll lender into the country’s largest banking group. Bancolombia Parent Cibest Buys 100% of Fintech Avista. Ask Open the full Ask Rio Times → RT Ask Rio TimesMarkets, currencies and the economy › RT Ask Rio Times Latin American markets, currencies and companies. Grupo Cibest, the holding company of Colombia’s Bancolombia, acquired 100% of the shares of Avista Colombia, a fintech specializing in libranza (payroll-deduction) lending.