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Bancolombia is the largest commercial bank in Colombia and one of the largest in Latin America. The bank is headquartered in Medellin, the second largest city in Colombia and was founded in 1945.
Is a full-service financial institution that provides a range of financial products and services to a diversified individual and corporate customer base throughout Colombia, as well as in other jurisdictions, such as Panama, El Salvador, Puerto Rico, the Cayman Islands, Peru, Brazil, the United States and Spain. The Bank operates in nine segments: Banking Colombia, Banking El Salvador, Leasing, Trust, Investment, Brokerage, Off Shore, Pension and Insurance, and All other segments. Together with its subsidiaries, the Bank provides a range products and services, including savings and investment, financing, mortgage banking, factoring, financial and operating leases, treasury, comprehensive cash management, foreign currency, bancassurance and insurance, brokerage services, investment banking, and asset management and trust services. As of December 31, 2010, the Bank’s consolidated branch network consisted of 921 offices.