Unemployment in U.S. Probably Rose, Payrolls Fell, Signaling Slow Recovery Oct 2, 2009
4% Bancolombia SA -150 9. 8% --- --- Banesto -185 --- --- 1. (Bloomberg -- US)
Bancolombia S.A. Announces Resignation of Regional Manager Sep 22, 2009
MEDELLIN, Colombia, Sept. 21 /PRNewswire-FirstCall/ -- In a meeting held today, the Board of Directors of Bancolombia S.A. ("Bancolombia") (NYSE: ) accepted the resignation of Maria Cristina Arrastia Uribe as the Manager of Retail and Small and Medium Enterprises ("SME") banking for the Antioquia region, and as a legal representative of Bancolombia. The Board of Directors expresses its gratitude to Ms. Arrastia and wishes her success in her new position as President of Sufinanciamiento S.A.... (PR Newswire)
Invitation 2010 IR Global Rankings Aug 29, 2009
The following companies have registered for the 10th edition of IR Global Rankings: Abertis (MADRID: ABE); adidas (XETRA: ADS.DE); Aegon (NYSE: ); AkzoNobel (Euronext: AKZA); ALL - America Latina Logistica (BOVESPA: ALLL11); Alltop Technology (TWSE: 3526); AmBev (NYSE: ); Amil Participacoes (BOVESPA: AMIL3); AMP (ASX: AMP); AMS Homecare (TSX: AHCK); Arcadis (EURONEXT: ARCAD); Assurant (NYSE: ); ASUR (NYSE: ); Asustek Computer (TWSE: 2357); Banco Bradesco (NYSE: ); Banco Nossa Caixa (BOVESPA:... (PR Newswire)
The Best Stocks for the Next 4 Years Aug 24, 2009
Get in while the gettin' is good. By Adam J. Wiederman. (MSNBC -- Business)
Bancolombia Announces a Decision by the Colombian Attorney General's Office Aug 11, 2009
MEDELLIN, Colombia, Aug. 10 /PRNewswire-FirstCall/ -- Bancolombia S.A. ("Bancolombia") (NYSE: ) announces that the Colombian Vice Attorney General's Office (Vicefiscal General de la Nacion) issued an order in second instance in connection with the investigations surrounding the acquisition by Bancolombia (formerly Banco Industrial Colombiano S.A.) of Banco de Colombia S.A. and their subsequent merger (the "Acquisition") ... The investigations covered by the Colombian Vice Attorney General's... (PR Newswire)
Infosys bags Colombian bank deal Aug 7, 2009
BANGALORE: Bangalore-based software major Infosys Technologies Ltd and Bancolombia announced that Bancolombia, the largest universal bank in Colombia and among the top 500 banks globally, has selected Finacle Universal Banking Solution to power its operations in Colombia and its international subsidiaries. Bancolombia has a strong market share in the South American retail, corporate, credit cards, investment banking and housing loan sectors ... After concluding the merger with Conavi and... (India Times, India)
Bancolombia Set for `Better' Second Half as Economy Improves, Londono Says Aug 5, 2009
Bancolombia Set for Better Second-Half Results (Update2) - Bloomberg ... Bancolombia Set for Better Second-Half Results (Update2) ... Bancolombia said yesterday net income slumped 32 percent in the second quarter as lower interest rates cut into revenue amid a 43 percent rise in provisions. (Bloomberg -- Latin America)
Bancolombia Announces Consolidated Financial Results for the Quarter Ended June 30, 2009 Aug 4, 2009
MEDELLIN, Colombia, Aug. 3 /PRNewswire-FirstCall/ -- Today, BANCOLOMBIA S.A. ("BANCOLOMBIA" or the "Bank") (NYSE: ) announced its financial results for the second quarter of fiscal year 2009, ended June 30, 2009 ... Bancolombia S.A. ("BANCOLOMBIA" or the "Bank") reports consolidated net income of 253 ... During 2Q09, BANCOLOMBIA maintained its strong balance sheet. (PR Newswire)
The Attorney General's Office Issued an Order in Favor of Bancolombia's Officers Aug 1, 2009
MEDELLIN, Colombia, July 31 /PRNewswire-FirstCall/ -- Bancolombia S.A. ("Bancolombia" NYSE: ) announces that today the Attorney General's office delivered a preclusion order barring further criminal investigations into the alleged crimes of fraud and improper use of public resources against Jorge Londono Saldarriaga and Federico Ochoa Barrera, President and Vice-President of Bancolombia, respectively, in connection with the acquisition by Bancolombia (formerly Banco Industrial Colombiano S.A.)... (PR Newswire)
Bancolombia Considers Selling More Bonds to Finance Acquisitions, Lending Jul 25, 2009
Bancolombia May Sell More Bonds to Expand, CEO Says (Update1) - Bloomberg ... Bancolombia May Sell More Bonds to Expand, CEO Says (Update1) ... 8 million), Londono said in an interview yesterday at Bancolombias offices in Bogota. (Bloomberg -- Latin America)
Bancolombia Sells $240 Million of 5-, 10-Year Inflation-Linked Peso Bonds Jul 10, 2009
Bancolombia Sells 500 Billion Pesos of Local Bonds (Update1) - Bloomberg ... Bancolombia Sells 500 Billion Pesos of Local Bonds (Update1) ... Bancolombia sold two-year and five-year notes linked to the countrys DTF interbank benchmark rate to yield 1. (Bloomberg -- Latin America)
Bancolombia S.A. Announces Decision by the Extraordinary Shareholders' Meeting Jul 9, 2009
MEDELLIN, Colombia, July 8 /PRNewswire-FirstCall/ -- Today the extraordinary shareholders' meeting of Bancolombia S.A. (NYSE: ), approved the issuance of up to 80 million preferred shares and authorized the board of directors of Bancolombia S.A. to determine the specific terms of the issuance, including applicable timing for the offering, or offerings, of the preferred shares. SOURCE Bancolombia S.A.. (PR Newswire)
Employers in U.S. Probably Cut More Jobs as Stimulus Failed to Spur Hiring Jul 2, 2009
6% -160 --- Bancolombia SA -362 9. 6% --- --- Banesto -380 --- --- 625 Bank of Tokyo- Mitsubishi -325 9. (Bloomberg)
Bancolombia S.A. Announces Filing of the 2008 Annual Report on Form 20-F Jul 1, 2009
MEDELLIN, Colombia, June 30 /PRNewswire-FirstCall/ -- Bancolombia S.A. ("Bancolombia") (NYSE: ) announces that it has filed its annual report on Form 20-F for the year ended December 31, 2008 with the U.S. Securities and Exchange Commission (the "SEC"), on June 30, 2009. The annual report can be downloaded from the SEC website at and from Bancolombia's website at. (PR Newswire)
Bancolombia S.A. Announces that an Extraordinary Shareholders' Meeting Will be Held on July 8, 2009 Jun 28, 2009
MEDELLIN, Colombia, June 26 /PRNewswire-FirstCall/ -- The board of directors of Bancolombia S.A. ("Bancolombia") (NYSE: ) decided to call an Extraordinary Shareholders Meeting to be held on Wednesday July 8, 2009, at 9:00 a.m. in Bancolombia's headquarters located in Carrera 48 #26-85, Torre Sur, 11th Floor, Medellin, Colombia. The only matter on the agenda for this Extraordinary Shareholders' Meeting will be a proposal to issue non-voting preferred shares of Bancolombia and the delegation of... (PR Newswire)
Colombia's First-Quarter GDP Shrank 0.6%, Pushing Economy Into Recession Jun 26, 2009
This number shows Colombia is one of the least hit by the global crisis, said , head of research at Bancolombia, Colombias largest bank, who forecast the economy would shrink 0. 7 percent. (Bloomberg -- Latin America)
Bancolombia S.A. Announces that Fitch Ratings Affirmed the Bank's Ratings and Outlook Jun 24, 2009
Fitch Ratings ("Fitch") affirmed Bancolombia's ratings as follows ... At the same time, Fitch affirmed Bancolombia's subordinated debt rating at 'BB ... The Outlook for Bancolombia's ratings remains 'Stable. (PR Newswire)
Bancolombia S.A. Announces the Filing of a Motion by the Procuraduria General de la Nacion Jun 18, 2009
MEDELLIN, Colombia, June 17 /PRNewswire-FirstCall/ -- Bancolombia S.A. ("Bancolombia") announces that the prosecutor (Procuraduria General de la Nacion) filed a motion in connection with the ongoing criminal investigations against Mr. Jorge Londono Saldarriaga and Mr. Federico Ochoa Barrera, President and Vice-President of Bancolombia, respectively. These investigations are related to the acquisition by Bancolombia (formerly Banco Industrial Colombiano S.A.) of Banco de Colombia S.A. and their... (PR Newswire)
Ecopetrol Reports Final Loan Terms Jun 4, 2009
BANK NAME SHARE BANCOLOMBIA 33. 8% DAVIVIENDA 20. (PR Newswire)
Colombia's Suramericana Plans $400 Mln Expansion in Peru, Central America Jun 2, 2009
Suramericana SA, an insurance holding, changed its name from Inversura SA. Grupo de Inversiones and Suramericana are both part of Colombias biggest industrial group known as Grupo Antioqueno, which also includes Bancolombia SA, the nations biggest lender. To contact the reporter on this story: in Bogota at. (Bloomberg -- Latin America)
America Movil, Bancolombia, Vina Concha: Latin America's Equity Preview Jun 1, 2009
Bancolombia, Colombias biggest lender, slid 0. 4 percent to 15,500 pesos. (Bloomberg -- Latin America)
Pacific Rubiales Announces Credit Approval for Additional US$50 Million Commitment as Part of up to US$250 Million Senior Secured Revolving Credit Facility May 21, 2009
TORONTO, May 21 /CNW/ - Pacific Rubiales Energy Corp. (TSX: PRE) announced today that it has received credit approval for an additional commitment of US$50 million from Bancolombia Panama S.A. under a previously announced senior secured revolving credit facility of up to US$250 million. This brings total commitments under the facility to US$230 million. (Canada Newswire)
Bancolombia S.A. Announces Consolidated Financial Results for 1Q09 May 8, 2009
MEDELLIN, Colombia, May 7 /PRNewswire-FirstCall/ -- Bancolombia S.A. announces the following results ... Bancolombia S.A. ("Bancolombia" or the "Bank") (NYSE: ) reported consolidated net income of Ps ... SOURCE Bancolombia S.A.. (PR Newswire)
Medellin has undergone makeover in past decade Mar 29, 2009
The system, which includes educating residents and businesses near the river on how to prevent pollution, has converted the river district from an open cesspool to a zone where corporations such as Bancolombia and Carrefour have built major facilities. The sewage system project is receiving $580 million in loans from the Inter-American Development Bank, the Washington-based multinational development lender that is holding its annual meeting here this weekend in part to showcase what leaders... (Boston Globe)
Bancolombia S.A. Announces Unconsolidated Results for the Month of February 2009 Mar 13, 2009
MEDELLIN, Colombia, March 12 /PRNewswire-FirstCall/ -- Bancolombia S.A. ("Bancolombia") (NYSE: ) reported unconsolidated net income of Ps ... Net income for Bancolombia on an unconsolidated basis totaled Ps ... Bancolombia notes that a considerable part of this revenue comes from dividend income received from subsidiaries, which is eliminated in the consolidated results as it is an intercompany transaction. (PR Newswire)
IR Global Rankings 2009: Best Ranked Companies in Greater China & Asia/Pacific Mar 12, 2009
More than 160 companies from over 30 countries registered for the 2009 IR Global Rankings (in alphabetical order): Abertis (MADRID: ABE); adidas (XETRA: ADS.DE); Aegon (NYSE: ); AkzoNobel (Euronext: AKZA); ALL - America Latina Logistica (Bovespa: ALLL11); Alltop Technology (TWSE: 3526); AmBev (NYSE: ); Amil Participacoes (Bovespa: AMIL3); AMP (ASX: AMP); AMS Homecare (TSX: AHCK); Arcadis (EURONEXT: ARCAD); Assurant (NYSE: ); ASUR (NYSE: ); Zurich Financial Services (SWX: ZURN); Asustek Computer... (PR Newswire)
Bancolombia S.A. Announces Mortgage Securitization Mar 6, 2009
MEDELLIN, Colombia, March 5 /PRNewswire-FirstCall/ -- BANCOLOMBIA S.A. ("Bancolombia") (NYSE: ) announces that it sold mortgage loans in Pesos to Titularizadora Colombiana S.A. ("Titularizadora") amounting to approximately Ps ... The purpose of this transaction is to continue the transfer of Bancolombia's mortgage loans to the capital markets ... SOURCE Bancolombia S.A.. (PR Newswire)
Bancolombia S.A. Announces Successful Offering of Subordinated Ordinary Notes Mar 5, 2009
MEDELLIN, Colombia, March 4 /PRNewswire-FirstCall/ -- Bancolombia S.A. (NYSE: ) ("Bancolombia") successfully completed the first issuance and offering of Bonos Ordinarios Subordinados Bancolombia (the "Subordinated Ordinary Notes") for an aggregate principal amount of four hundred billion pesos (Ps ... Bancolombia offered the Subordinated Ordinary Notes with an aggregate principal amount of three hundred billion pesos (Ps ... The entire proceeds from the offering will be used for general... (PR Newswire)
Bancolombia S.A. Announces the Public Offer of Subordinated Ordinary Notes Mar 4, 2009
MEDELLIN, Colombia, March 3 /PRNewswire-FirstCall/ -- Today, Bancolombia S.A. (NYSE: ) ("Bancolombia") announced the local public offering of tranche 1 of Bonos Ordinarios Subordinados (the "Subordinated Ordinary Notes") ... Bancolombia may increase the offering principal amount of Subordinated Ordinary Notes by one hundred billion pesos ($100,000,000,000), for a total amount of up to four hundred billion pesos ($400,000,000,000) (approximately US$ 154 million) ... SOURCE Bancolombia S.A.. (PR Newswire)
Bancolombia S.A. Announces Approval by the General Shareholders Meeting of Distribution of 2008 Profits Mar 3, 2009
MEDELLIN, Colombia, March 2 /PRNewswire-FirstCall/ -- Today at the annual general shareholders meeting of Bancolombia S.A. ("Bancolombia"), the shareholders of Bancolombia adopted the following resolutions ... Approval of the distribution of the 2008 profits, following a proposal made by the Board of Directors of Bancolombia ... Bancolombia notes that 90. (PR Newswire)
