: Merged with Banco de Colombia to officially become Bancolombia S.A.
The bank is a leader in Colombian financial technology, addressing the challenges of a "legacy organization" through aggressive digital transformation. Columbia Business School Executive Education - Facebook bancolombia
: Became the first Colombian company to trade on the New York Stock Exchange under the symbol CIB . : Merged with Banco de Colombia to officially
: Even amidst reorganization, analysts view the bank as a "regulated utility" with a strong competitive position, often maintaining a Return on Equity (ROE) near 15%. bancolombia
: Under this plan, existing common and preferred shares of Bancolombia will be exchanged one-for-one for shares in Grupo Cibest.