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,
Panama,
El Salvador,
Puerto Rico, the
Cayman Islands
The Cayman Islands () is a self-governing British Overseas Territory—the largest by population in the western Caribbean Sea. The territory comprises the three islands of Grand Cayman, Cayman Brac and Little Cayman, which are located to the s ...
,
Peru and
Guatemala. Bancolombia is one of the six banking-related companies of the
COLCAP index. 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, 2018, the Bank's consolidated branch network consisted of 1041 offices.
History
Bancolombia was founded on January 29, 1875 as "Banco de Colombia" in
Medellín,
Colombia. 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.
In 1998 "Banco de Colombia" and "Banco Central Colombiano (BIC)" are consolidated, born in this way Bancolombia.
In 2005 Bancolmbia fuses with "Conavi" and "Corfinsura" to create "Grupo Bancolombia".
In 2021 Bancolombia renews it's corporative image, along with all entities that conform the "Grupo Bancolombia".
References
External links
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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
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