Bancolombia S.A. (NYSE:CIB)
Industry: Financial

Bancolombia S. A. provides various banking products and services to individual, corporate, and government customers in Colombia, Latin America, and the Caribbean region. The company operates in nine segments: Banking Colombia, Banking El Salvador, Banking Panama, Banking Guatemala, Trust, Investment Banking, Brokerage, 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, and overdrafts; financial support to real estate developers and mortgages; and financial and operating leasing services. The company also provides hedging instruments, including 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 cash management services; foreign currency transaction services; and life, auto, commercial, and homeowner's insurance products. Further, the company provides investment banking services comprising project and acquisition finance, debt and equity capital markets, principal investments, merger and acquisition, restructurings, and structured corporate lending; trust and asset management services, such as money market accounts, mutual and pension funds, private equity funds, payment trust, custody, and corporate trust; and digital banking and revolving credit facility, transportation, real estate brokerage, maintenance and remodeling, advertising and marketing, and outsourcing services. As of December 31, 2018, it operated 1,113 branches; 12,395 banking correspondents; 585 PAMs; 222 kiosks in El Salvador and 10 in Colombia; and 5,939 automatic teller machines. Bancolombia S.A. was founded in 1945 and is headquartered in Medellín, Colombia.

Current Quote*
Last: $50.145
Change: -0.445
Book: $1.408
Volume: 43,434

As Of: 08/22 12:55 ET
*Quotes delayed by 20min.

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