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Bancolombia SA (NYSE:CIB)

33.48
Delayed Data
As of 11:30am ET
 -0.91 / -2.63%
Today’s Change
23.69
Today|||52-Week Range
43.51
+25.14%
Year-to-Date
SECTOR
Finance
INDUSTRY
Regional Banks
MARKET CAP
$4.6B

Company Description

Bancolombia SA provides financial products and services to a diversified individual and corporate customer. It operates through the following segments: Banking Colombia, Banking Panama, Banking El Salvador, Leasing, Trust, Investment Banking, Brokerage, Insurance, Off Shore and All Other. The Banking Colombia segment offers retail and corporate banking products and services to individuals, companies, and national and local governments in Colombia. The Banking Panama segment provides retail and commercial banking products and services to individuals and companies in Panama through the Banistmo operation. The Banking El Salvador segment provides retail and commercial banking products and services to individuals, companies, and national and local governments in El Salvador. The Leasing segment deals with the financial and operational leases, including cross-border and international leasing services to clients in Colombia, Central America, Mexico, and Brazil. The Trust segment gives trust services and asset management to clients in Colombia and Peru. Its products include money market accounts, mutual and pension funds, private equity funds, payment trust, custody services, and corporate trust. The Investment Banking segment engages in corporate and project finance advisory, underwriting, capital markets services, and private equity management. The Brokerage segment includes brokerage, investment advisory, and private banking services to individuals and institutions. The Insurance segment provides insurance services to individuals and companies in Panama. The Off Shore segment offers a complete line of offshore banking services to Colombian and Salvadorian customers. It offers loans to private sector companies, trade financing, lease financing, financing for industrial projects. It also offers cash management products, which include checking accounts, international collections and payments. The All Other segment includes results from the operation of investment vehicles. The company was founded on January 24, 1945 and is headquartered in Medellin, Colombia.

Contact Information

Bancolombia SA
Carrera 48, No. 26-85
Medellin Antioquia 050001
P:(574) 510-1838
Investor Relations:
(574) 404-1837

Employees

Shareholders

Mutual fund holders28.15%
Other institutional13.63%
Individual stakeholders--

Top Executives

Juan Carlos Mora UribeChief Executive Officer
Jaime Alberto Velásquez BoteroChief Finance & Strategy Officer
Gonzalo Toro BridgeChief Corporate & Government Banking Officer
José Humberto Acosta MartinVice President-Finance
Augusto Restrepo GómezChief Corporate Services Officer