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UPDATE 1-Colombia's Grupo Aval posts 84% fall in Q3 profit

(Adds detail on income, background)

MEXICO CITY, Nov 15 (Reuters) - Colombia's Grupo Aval posted a 84% fall in third-quarter net profit to 64.8 billion pesos ($16 million), a securities filing by the financial conglomerate showed on Wednesday.

Interest income in the July-September quarter rose by about 40% to 7.33 trillion pesos.

The group's financial portfolio includes Colombian lenders Banco de Bogota, Banco Popular, Banco AV Villas and Banco de Occidente.

($1 = 3,954.9900 Colombian pesos) (Reporting by Sarah Morland; editing by Valentine Hilaire and Jason Neely)