Bancolombia SA - Company Profile
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Bancolombia SA (Bancolombia) offers personal, business, and specialized business banking and financial solutions. Personal banking provides savings, current, and foreign accounts; debit and credit cards, commercial and retail credits, leasing, money services, investments, payment services, vehicle rental, and buying and selling of dollars. Business banking solutions include cash management, derivatives, trust business, trade finance, investment banking, political campaign accounts, renting, and factoring. Specialized business activities include fiduciary services, securities, international trade, and agriculture banking. The bank has a presence in Colombia, Panama, El Salvador, Guatemala, Bahamas, Peru, Puerto Rico, Barbados, and Costa Rica. Bancolombia is headquartered in Medellin, Antioquia, Colombia.
Headquarters
Colombia
Address
Carrera 48# 26 - 85 Avenida Los Industriales, Medellin, Antioquia
Website
www.bancolombia.com
Telephone
57 6 014885950
No of Employees
33,140
Industry
Financial Services
Ticker Symbol & Exchange
BCOLOMBIA (CLB)
Revenue (2023)
$8.4B
34.8%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
-9.8%
(2023 vs 2022)
Market Cap*
$8.0B
Net Profit Margin (2023)
XYZ
-33.1%
(2023 vs 2022)
* As of and is in US$
Bancolombia SA premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Personal Banking: | Personal Banking: |
| Accounts: | Other |
| Savings Account | Leasing |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Financing Agreements | In December, the company invested US$1.5 million in Quipu. |
| 2023 | Contracts/Agreements | In December, the company entered into a partnership with EBANX to enhance the bank transfer experience within the digital economy in the country. |
| 2023 | Contracts/Agreements | In October, the company and TerraPay entered into a partnership to strengthen cross-border remittances across Colombia. |
Competitor Comparison
| Key Parameters | Bancolombia SA | Banco Davivienda SA | Banco de Bogota SA | Banco de Occidente | Banco CorpBanca Colombia SA |
|---|---|---|---|---|---|
| Headquarters | Colombia | Colombia | Colombia | Colombia | Colombia |
| City | Medellin | Bogota | Bogota | Bogota | - |
| State/Province | Antioquia | - | - | - | - |
| No. of Employees | 33,140 | 17,167 | 33,965 | 3,353 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Luis Fernando Restrepo Echavarria | Chairman | Executive Board | 2022 | 65 |
| Juan Carlos Mora Uribe | Chief Executive Officer; President | Senior Management | 2016 | 58 |
| Jose Humberto Acosta Martin | Chief Financial Officer; Vice President-Finance | Senior Management | 2020 | 61 |
| Claudia Echavarria Uribe | General Counsel; Chief Legal Officer | Senior Management | 2019 | 44 |
| Mauricio Rosillo Rojas | Vice President-Corporate | Senior Management | 2019 | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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