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BANCOLOMBIA S.A. ANNOUNCES A SANCTION OF THE SUPERINTENDENCY OF FINANCE OF COLOMBIA
Medellín, Colombia, March 31, 2012
Pursuant to Resolution No. 0378, dated March 15, 2012, the Delegation for Operational Risk of the Superintendency of Finance of Colombia imposed a fine on Bancolombia of COP 100 million (approximately USD 55,800), for alleged operational failures relating to reports provided by Bancolombia to independent third party databases that collect consumer credit information.
Bancolombia currently intends to appeal this sanction.
Contacts | |||
Sergio Restrepo | Jaime A. Velásquez | Jose Humberto Acosta | Alejandro Mejía |
Capital Markets VP | Corporate Development VP | Financial VP (I) | IR Manager |
Tel.: (574) 4041424 | Tel.: (574) 4042199 | Tel: (571) 4885934 | Tel.: (574) 4041837 |