MEDELLIN, Colombia, April 10 /PRNewswire-FirstCall/ -- In order to
consolidate the international presence of BANCOLOMBIA (NYSE: CIB) and to
complement the services provided by BANCOLOMBIA Panama-Cayman, the Bank will
open an agency in the United States.
The Federal Reserve of the United States announced its approval of the
application of BANCOLOMBIA Colombia, to establish an agency in Miami, Florida.
The agency will complement and expand the Bank's current business, generating
greater opportunities for the accomplishment of international business for the
corporate and the private banking.
The agency will offer corporate banking, correspondent banking,
international trade, private banking, cash management, and portfolio
investment services. In addition, it will provide traditional banking services
including loans, international transactions and remittance services.
Jaime Velasquez B.
Vice President Finance
Tel: (574) 510 8666
Maria A. Villa S.
Tel: (574) 510 8866
Fax: (574) 231 7208
SOURCE Bancolombia S.A.