Bancolombia S.A. provides various banking products and services to individual, corporate, and government customers. The company operates through ten segments: Banking Colombia, Banking El Salvador, Leasing, Trust, Investment Banking, Brokerage, Banking Panama, Insurance, Off Shore, and All Other. It offers checking and savings accounts, fixed term deposits, and investment products; trade financing, loans funded by domestic development banks, working capital loans, credit cards, personal and vehicle loans, payroll loans, overdrafts, and financing for industrial projects; mortgage banking and factoring services; and financial and operating leasing services. The company also provides capital ma...
Carrera 48 # 26-85
Avenida Los Industriales
Founded in 1945
Bancolombia S.A. Announces Executive Changes
Sep 27 16
Bancolombia S. A announced that the Board of Directors in a meeting held September 26, 2016, approved the resignation of Augusto Restrepo Gomez, Chief Corporate Services Officer, who had expressed his intention to resign from the Group in order to pursue new personal projects. Designated Jaime Alberto Villegas Gutierrez as the new Chief Corporate Services Officer. Jaime Villegas has been acting as the Chief Innovation and Digital Transformation Officer and is also the former Client Services Vice-president. Until the Board of Director designates the new Chief Innovation and Digital Transformation Officer, Jaime Villegas will continue to act as Chief Innovation and Digital Transformation Officer. The Human Resources Vice-presidency will be a Corporate Vice-presidency, reporting directly to the Presidency of Grupo Bancolombia.
Bancolombia S.A. Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2016
Aug 18 16
Bancolombia S.A. reported consolidated earnings results for the second quarter and six months ended June 30, 2016. For the quarter, the company reported total interest income of COP 3,892,103 million against COP 2,707,759 million a year ago. Net interest income was COP 2,432,417 million against COP 1,772,329 million a year ago. Profit before tax was COP 1,107,064 million against COP 898,406 million a year ago. Net income was COP 733,059 million against COP 689,323 million a year ago. Return on average total assets from continuing operations was 1.53% against 1.77% a year ago. Return on average shareholders equity was 15.19% against 15.56% a year ago.
For the six months, the company reported total interest income of COP 7,560,610 million against COP 5,370,595 million a year ago. Net interest income was COP 4,731,916 million against COP 3,550,447 million a year ago. Profit before tax was COP 2,086,188 million against COP 1,801,176 million a year ago. Net income was COP 1,130,425 million against COP 1,321,224 million a year ago. Return on average total assets from continuing operations was 1.17% against 1.70% a year ago. Return on average shareholders equity was 11.56% against 14.87% a year ago.
Bancolombia S.A. to Report Q2, 2016 Results on Aug 18, 2016
Aug 15 16
Bancolombia S.A. announced that they will report Q2, 2016 results After-Market on Aug 18, 2016