Bancolombia S.A. (also known as Grupo Bancolombia; formerly: Banco de Colombia) is a full-service financial institution that provides financial products and services in

Colombia Colombia, officially the Republic of Colombia, is a country primarily located in South America with Insular region of Colombia, insular regions in North America. The Colombian mainland is bordered by the Caribbean Sea to the north, Venezuel ...

Panama Panama, officially the Republic of Panama, is a country in Latin America at the southern end of Central America, bordering South America. It is bordered by Costa Rica to the west, Colombia to the southeast, the Caribbean Sea to the north, and ...

El Salvador El Salvador, officially the Republic of El Salvador, is a country in Central America. It is bordered on the northeast by Honduras, on the northwest by Guatemala, and on the south by the Pacific Ocean. El Salvador's capital and largest city is S ...

Puerto Rico ; abbreviated PR), officially the Commonwealth of Puerto Rico, is a Government of Puerto Rico, self-governing Caribbean Geography of Puerto Rico, archipelago and island organized as an Territories of the United States, unincorporated territo ...

, the

Cayman Islands The Cayman Islands () is a self-governing British Overseas Territories, British Overseas Territory, and the largest by population. The territory comprises the three islands of Grand Cayman, Cayman Brac and Little Cayman, which are located so ...

Peru Peru, officially the Republic of Peru, is a country in western South America. It is bordered in the north by Ecuador and Colombia, in the east by Brazil, in the southeast by Bolivia, in the south by Chile, and in the south and west by the Pac ...

and

Guatemala Guatemala, officially the Republic of Guatemala, is a country in Central America. It is bordered to the north and west by Mexico, to the northeast by Belize, to the east by Honduras, and to the southeast by El Salvador. It is hydrologically b ...

. Bancolombia is one of the six banking-related companies of the

COLCAP index COLCAP is the main stock market index of the Colombia Stock Exchange since November 2013 when it replaced IGBC as the leading index for Colombia. It consists of the 20 most actively traded shares of the market. The adjusted market capitalization f ...

. The Bank operates in nine segments: Banking Colombia, Banking El Salvador, Leasing, Trust, Investment, Brokerage, Off Shore, Pension and Insurance, and all other segments. Together with its subsidiaries, the Bank provides a range products and services, including savings and investment products, financing, mortgage banking, factoring, financial and operating leases, treasury, comprehensive cash management, foreign currency, insurance, brokerage services, investment banking, asset management and trust services. As of December 31, 2023, the Bank's consolidated branch network consisted of 938 offices.

History

Bancolombia was founded on January 29, 1875 as "Banco de Colombia" in

Medellín Medellín ( ; or ), officially the Special District of Science, Technology and Innovation of Medellín (), is the List of cities in Colombia, second-largest city in Colombia after Bogotá, and the capital of the department of Antioquia Departme ...

. In 1929 the bank began trading on the Bolsa de Bogotá. In 1995 the bank became the first Colombian company to trade on the

New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...

. In 1998 "Banco de Colombia" and "Banco Central Colombiano (BIC)" are consolidated, born in this way Bancolombia. In 2005 Bancolombia fuses with "Conavi" and "Corfinsura" to create "Grupo Bancolombia". In 2021 Bancolombia renews its corporative image, along with all entities that conform the "Grupo Bancolombia".

References

External links

* Companies listed on the New York Stock Exchange Banks of Colombia Companies listed on the Colombia Stock Exchange Companies based in Medellín Banks established in 1945 Colombian brands 1945 establishments in Colombia Companies in the S&P Latin America 40 {{colombia-stub