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Bancolombia S.A. (CIB)

33.19 Down 0.99(2.90%) May 27, 4:02PM EDT
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Bancolombia S.A.
Carrera 48 # 26-85
Avenida Los Industriales
Colombia - Map
Phone: 57 4 404 1837

Index Membership:N/A
Industry:Foreign Regional Banks
Full Time Employees:N/A

Business Summary 

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 market products, such as futures, forwards, options, and swaps; and brokerage, investment advisory, and private banking services, including selling and distributing equities, futures, foreign currencies, fixed income securities, mutual funds, and structured products. In addition, it offers asset management products, such as mutual funds, private equity funds, and privately managed investment accounts; cash management services; foreign currency transaction services; and bancassurance and insurance services. Further, the company provides investment banking services, such as financial advisory, underwriting services, capital market services, and private equity management services; and trust services, such as money market accounts, mutual and pension funds, private equity funds, payment trust, custody services, and corporate trust. Additionally, it offers loan management, transportation, and real estate brokerage services; and is involved in outsourcing activities. As of December 31, 2015, it had 1,274 branches. The company also operates 5,080 automatic teller machines. Bancolombia S.A. was founded in 1945 and is headquartered in Medellín, Colombia.

Key Statistics

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Key Executives 
Mr. Juan Carlos Mora Uribe , 51
Chief Exec. Officer, Pres, Chairman of Credit Committee and Member of Assets & Liabilities Committee
Mr. Jaime Alberto Velásquez Botero , 56
Chief Strategy & Fin. Officer, VP of Strategy & Fin., Member of Assets & Liabilities Committee and Member of Credit Committee
Mr. Jorge Ospina Lara ,
VP of Technology Services
Mr. Alejandro Mejia Jaramillo ,
Investor Relations Mang.
Mr. Mauricio Rosillo Rojas , 47
Chief Legal Officer and Legal VP
Amounts are as of and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.