Bancolombia S.A.: Semiannual Update
FINANCIAL INSTITUTIONS CREDIT OPINION 11 May 2017 Update RATINGS Bancolombia S.A. Domicile Medellin, Antioquia, Colombia Long Term Debt Baa2 Type Senior Unsecured - Fgn Curr Outlook Stable Long Term Deposit Baa2 Type LT Bank Deposits - Fgn Curr Outlook Stable Please see theÂBancolombia S.A. (Bancolombia) is a financial institution engaged in providing a range of financial products and services to a diversified individual, corporate, and government customer base throughout Colombia, Latin America and the Caribbean region. The Bank operates through 10 segments: Banking Colombia, Banking Panama, Banking El Salvador, Leasing, Trust, Investment Banking, Brokerage, Off Shore and All other. It delivers its products and services through its regional network comprising Colombia's non-Government owned banking network, El Salvador's financial conglomerate by gross loans, Guatemala's bank, Panama's bank and off-shore banking subsidiaries in Panama, Cayman and Puerto Rico, as well as subsidiaries in Peru. The Bank and its subsidiaries offer Savings And Investment, Ahorro A La Mano, Financing, Mortgage Banking, Factoring, Financial and Operating Leases, Capital Markets, eTrading, Cash Management, Foreign Currency, Bancassurance, Investment Banking and Trust Services.
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