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Bancolombia

FintechMedellin, Colombia21000 employees

Bancolombia is Colombia's largest commercial bank and a significant player in Latin America, founded in 1875 and headquartered in Medellín. The bank operates in Colombia, Panama, Guatemala, El Salvador, and across Latin America and the Caribbean. With nearly 30,000 employees, Bancolombia serves over 6.4 million customers, including individuals, entrepreneurs, SMEs, corporations, and government entities. The bank manages total assets of COP 289 trillion and reported a net income of COP 4.09 trillion in 2021. Bancolombia is publicly listed on both the Colombian Stock Exchange and the New York Stock Exchange. It offers a wide range of financial services, including banking, leasing, stock brokerage, and investment banking. Key products include various deposit and investment options, lending solutions, and specialized services like offshore banking. The bank also emphasizes digital solutions, such as virtual branches and QR-based payment systems. Committed to sustainability, Bancolombia aims for net-zero financed emissions by 2050 and actively invests in educational and environmental initiatives.

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