The FONDO NACIONAL DE AHORRO (“National Savings Fund” in English) was created through Special Decree 3118 of 1968 to manage the severance pay of public employees and official workers.
Through Law 432 of 1998, this became a State Industrial and Commercial Business focused on finance at the national level which allowed it later to extend its business to the private sector.
Its mission is directly related with the goals of the State especially the right of all Colombians to have a decent home and access to education.