Type: Public
On the web: http://www.bancolombia.com.co
Employees: 22,992
Employee growth: 8.4%

Bancolombia has a wealth of services for wealthy and average Colombians alike. Serving more than 6.4 million customers, Bancolombia is the #1 bank in Colombia, with more than 700 branches and some 2300 ATMs throughout the country. Its Banagrícola division has another 100 branches located in El Salvador. The bank provides traditional commercial and retail banking services, including deposit accounts, loans and mortgages, credit and debit cards, and cash management. It also offers asset management, insurance, investment banking, and brokerage services. In addition to its core Colombia and El Salvador operations, the bank is also present in the US, Panama, and Peru. Bancolombia traces its roots back to 1945.

Key numbers for fiscal year ending December, 2010:
Sales: $3,531.2M
One year growth: (12.3%)
Net income: $716.8M
Income growth: 17.8%

Officers:
Chairman: David Emilio Bojanini García
President: Carlos Raúl Yepes Jimenez
VP Operations: Luis F. Montoya Cusso

Competitors:
BBVA
Citigroup
Credicorp

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