Later this year, it was thought advisable to make a corporate reorganization and a parent company was created as an investor company.
Thus, in December 1996 the demerger of Sociedad de Capitalización y Ahorros Bolívar S.A., gave rise to Sociedades Bolívar S.A., making the demerger company to become a subordinate under the name Capitalizadora Bolívar S.A. as from January 1997.
Also, since December 1996, Sociedades Bolívar S.A., today Grupo Bolívar S.A. is registered before the National Registry of Securities and the Colombian Stock Market, and is currently under surveillance of the Colombian Financial Superintendence, in its condition of security issuer.