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Bancolombia S.A. (CIB)On Dec 4: 45.58  Up 0.17 (0.37%)  
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Bancolombia S.A.
Cra 48 No 26-85
Avenida Los Industriales
Medellin,  
Colombia - Map
Phone: 57 4 404 00 00
Fax: 57 4 404 51 46
Web Site: http://www.bancolombia.com.co

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

BUSINESS SUMMARY 
Bancolombia S.A. offers a range of banking products and services to large corporate customers, small and medium-sized enterprises, construction customers, and individual customers in the Republic of Colombia and internationally. It provides retail, commercial, small business, governmental and institutional, treasury, and offshore commercial banking services. The company offers traditional banking products and services, such as checking accounts, saving accounts, and time deposits; lending, including overdraft facilities; personal and corporate loans; mortgage loans; credit cards; and cash management services. Its services include trade financing, lease financing, and financing for industrial projects, as well as international collections and payments. Bancolombia S.A. also offers non-traditional products and services, which include pension fund services, bancassurances, international transfers, trust fund services, financial and operational leasing, brokerage and asset management, investment banking, securities brokerage, electronic banking, custodial services, dollar-denominated products, life insurance and educational insurance, and retirement and mutual funds As of December 31, 2008, Bancolombia S.A. operated through 898 branch offices and 2,355 ATMs. The company was formerly known as Banco Industrial Colombiano S.A. and changed its name to Bancolombia S.A. in 1998 as a result of its merger with Banco de Colombia S.A. Bancolombia S.A. was founded in 1945 and is headquartered in Medellin, the Republic of Colombia.
Key Statistics

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    KEY EXECUTIVES 
     PayExercised
    Mr. Jorge Londoño Saldarriaga , 62
    Chief Exec. Officer, Pres, Member of Corp. Governance Committee, Member of Assets & Liabilities Committee, Member of Credit Committee and Member of Risk Committee
    N/A N/A
    Mr. Jaime Alberto Velásquez Botero , 49
    Chief Financial Officer, Member of Assets and Liabilities Committee and Member of Credit Committee
    N/A N/A
    Mr. Luis Fernando Montoya Cusso , 55
    VP of Operations
    N/A N/A
    Ms. Olga Botero de Duque , 46
    VP of Technology
    N/A N/A
    Mr. Carlos Alberto Rodriguez López , 42
    VP of Treasury and Member of Assets and Liabilities Committee
    N/A N/A
    Dollar 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.


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