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{{Short description|Colombian financial institution}}
{{refimprove|date=April 2013}}
{{Infobox company
{{Infobox company
| name = Bancolombia S.A.
| name = Bancolombia S.A.
| logo = Bancolombia logo.svg
| logo = Bancolombia S.A. logo.svg
| logo_size = 250px
| logo_size = 250px
| image = Edificio Bancolombia - luces.jpg
⚫
| type = [[S.A. (corporation)|Sociedad Anónima]]
| image_caption = Headquarters in Medellín, Colombia
⚫
| type = [[S.A. (corporation)|Sociedad Anónima]]
| traded_as = {{BVC|BCOLOMBIA}}<br>{{nyse|CIB}}
| traded_as = {{BVC|BCOLOMBIA}}<br>{{nyse|CIB}}
| foundation = 1945
| foundation = 29 January 1875 (as Banco de Colombia)
| founder =
| founder =
| location_city = [[Medellín]]
| location_city = [[Medellín]]
| location_country = [[Colombia]]
| location_country = [[Colombia]]
| location =
| location =
| key_people =Juan Carlos Mora Uribe, ([[Chairman]] and [[CEO]])
| key_people = Juan Carlos Mora Uribe, ([[President (corporate title)|President]] and [[CEO]])
| area_served = [[Colombia]], [[Cayman Islands]], [[El Salvador]], [[Panama]], [[Puerto Rico]], [[Guatemala]], [[Peru]],
| area_served = [[Colombia]], [[Cayman Islands]], [[El Salvador]], [[Panama]], [[Puerto Rico]], [[Guatemala]], [[Peru]]
| industry = [[Financial services]]
| industry = [[Financial services]]
| products = [[Banking]]
| products = [[Banking]]
| revenue = {{profit}} US$3.6&nbsp;billion <small>(2012)</small><ref>https://www.forbes.com/companies/bancolombia/</ref>
| revenue = {{profit}} US$4.3&nbsp;billion (2022)
| assets = {{profit}} US$55.7&nbsp;billion <small>(2012)</small><ref>http://investing.businessweek.com/research/stocks/financials/financials.asp?ticker=BCOLO:CB</ref>
| assets = {{profit}} US$50.5&nbsp;billion (2022)
| net_income = {{profit}} US$961.6&nbsp;million <small>(2012)</small>
| net_income = {{profit}} US$1.4&nbsp;billion (2022)
| num_employees = 34,756 (2023)
| num_employees = 30,089 <small>(2018)</small><ref name="fy2018">{{cite web|url=https://www.grupobancolombia.com/wps/wcm/connect/1b4b66bf-b213-4562-9b7c-cd0650349e68/informe%2Bde%2Bgestion%2B2018%2Ben%2Bingles.pdf?MOD=AJPERES&CVID=mJ1SrF3 |title=Bancolombia Annual Report FY2018 |website=grupobancolombia.com |date=July 17, 2019 |accessdate=July 17, 2019}}</ref>
| parent =
| parent =
| divisions =
| divisions =
| subsid = [[Banistmo]]<br>[[Banco Agricola]]<br>[[Banco Agromercantil de Guatemala]]
| subsid = [[Banistmo]]<br>[[Banco Agricola]]<br>[[Banco Agromercantil de Guatemala]]
| owner =
| owner =
| homepage = {{Official website}}
| homepage = [http://www.grupobancolombia.com/ www.grupobancolombia.com]
| dissolved =
| dissolved =
| footnotes =
| footnotes =
}}
}}


'''Bancolombia''' Is a full-service financial institution that provides a range of financial products and services to a diversified individual and corporate customer base throughout Colombia, as well as in other jurisdictions, such as Panama, El Salvador, Puerto Rico, the Cayman Islands, Peru and Guatemala. The Bank operates in nine segments: Banking Colombia, Banking El Salvador, Leasing, Trust, Investment, Brokerage, Off Shore, Pension and Insurance, and All other segments.
'''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]], [[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.<ref name="fy2018" />
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.<ref name="fy2023">{{cite web|url=https://www.grupobancolombia.com/wcm/connect/www.grupobancolombia.com15880/4aea0861-a76d-4c2e-878e-2a1cfa6e119f/Management-Report-2023.pdf?MOD=AJPERES&CVID=oZ095OD |title=Bancolombia Annual Report FY2023 |website=grupobancolombia.com |date=May 6, 2023|access-date=May 6, 2023}}</ref>

== History ==
Bancolombia was founded on January 29, 1875 as "Banco de Colombia" in [[Medellín]], [[Colombia]].<ref>{{cite news |title=Bancolombia: 140 años que la historia tiene en cuenta |url=https://www.portafolio.co/negocios/empresas/bancolombia-140-anos-historia-cuenta-27898 |access-date=2 April 2022 |work=Portafolio |date=30 January 2015 |language=es}}</ref> In 1929 the bank began trading on the [[Colombia Stock Exchange|Bolsa de Bogotá]]. In 1995 the bank became the first Colombian company to trade on the [[New York Stock Exchange]].<ref>{{cite news |last1=Arias Jiménez |first1=Ferney |title=Bancolombia, una marca de 140 años y $7 billones |url=https://www.elcolombiano.com/negocios/bancolombia-una-marca-de-140-anos-y-7-billones-BY1188715 |access-date=2 April 2022 |work=El Colombiano |date=30 January 2015 |language=es}}</ref>

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".
[[File:Banco Agrícola Building.jpg|thumb|View of the headquarters of Banco Agricola, the Salvadoran subsidiary of Bancolombia]]


==References==
==References==
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==External links==
==External links==
{{Commons category}}
*[http://www.grupobancolombia.com Home page (Spanish)]
* {{Official website}}

{{Portal|Banks}}
{{Portal|Banks}}


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{{IGBC Colombia companies}}
{{IGBC Colombia companies}}
{{S&P Latin America 40}}
{{S&P Latin America 40}}

{{Authority control}}


[[Category:Companies listed on the New York Stock Exchange]]
[[Category:Companies listed on the New York Stock Exchange]]
Line 50: Line 66:
[[Category:Colombian brands]]
[[Category:Colombian brands]]
[[Category:1945 establishments in Colombia]]
[[Category:1945 establishments in Colombia]]
[[Category:Companies in the S&P Latin America 40]]



{{bank-stub}}
{{bank-stub}}

Latest revision as of 01:17, 20 November 2024

Bancolombia S.A.
Company typeSociedad Anónima
BVC: BCOLOMBIA
NYSE: CIB
IndustryFinancial services
Founded29 January 1875 (as Banco de Colombia)
Headquarters
Medellín
,
Colombia
Area served
Colombia, Cayman Islands, El Salvador, Panama, Puerto Rico, Guatemala, Peru
Key people
Juan Carlos Mora Uribe, (President and CEO)
ProductsBanking
RevenueIncrease US$4.3 billion (2022)
Increase US$1.4 billion (2022)
Total assetsIncrease US$50.5 billion (2022)
Number of employees
34,756 (2023)
SubsidiariesBanistmo
Banco Agricola
Banco Agromercantil de Guatemala
WebsiteOfficial website Edit this at Wikidata

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, 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, 2023, the Bank's consolidated branch network consisted of 938 offices.[1]

History

[edit]

Bancolombia was founded on January 29, 1875 as "Banco de Colombia" in Medellín, Colombia.[2] 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.[3]

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".

View of the headquarters of Banco Agricola, the Salvadoran subsidiary of Bancolombia

References

[edit]
  1. ^ "Bancolombia Annual Report FY2023" (PDF). grupobancolombia.com. May 6, 2023. Retrieved May 6, 2023.
  2. ^ "Bancolombia: 140 años que la historia tiene en cuenta". Portafolio (in Spanish). 30 January 2015. Retrieved 2 April 2022.
  3. ^ Arias Jiménez, Ferney (30 January 2015). "Bancolombia, una marca de 140 años y $7 billones". El Colombiano (in Spanish). Retrieved 2 April 2022.
[edit]
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