Exhibit 8.1
Entity | Jurisdiction of Incorporation | Business | Shareholding Directly and Indirectly 2016 | Shareholding Directly And Indirectly 2015 | Shareholding Directly And Indirectly 2014 | |||||||||||
Leasing Bancolombia S.A. Compañía de Financiamiento (Investment absorbed by Bancolombia S.A. during 2016) | Colombia | Leasing | - | 100 | % | 100 | % | |||||||||
Fiduciaria Bancolombia S.A. Sociedad Fiduciaria | Colombia | Trust | 98.81 | % | 98.81 | % | 98.81 | % | ||||||||
Banca de Inversión Bancolombia S.A. Corporación Financiera | Colombia | Investment banking | 100 | % | 100 | % | 100 | % | ||||||||
Valores Bancolombia S.A. Comisionista de Bolsa | Colombia | Securities brokerage | 100 | % | 100 | % | 100 | % | ||||||||
Compañía de Financiamiento Tuya S.A. (During 2016, the Bank sold 50% of the shares of the Compañía de Financiamiento Tuya S.A. to Grupo Exito, therefore it became a joint venture of Grupo Bancolombia) | Colombia | Financial services | - | 99.99 | % | 99.99 | % | |||||||||
Renting Colombia S.A.S. (before Renting Colombia S.A.) | Colombia | Operating leasing | 100 | % | 100 | % | 100 | % | ||||||||
Transportempo S.A.S. | Colombia | Transportation | 100 | % | 100 | % | 100 | % | ||||||||
Valores Simesa S.A. | Colombia | Investments | 68.57 | % | 68.57 | % | 68.57 | % | ||||||||
Inversiones CFNS S.A.S. | Colombia | Investments | 99.94 | % | 99.94 | % | 99.94 | % | ||||||||
CFNS Infraestructura S.A.S. (wound up in 2015) | Colombia | Investments | - | - | 99.94 | % | ||||||||||
BIBA Inmobiliaria S.A.S. | Colombia | Real estate broker | 100 | % | 100 | % | 100 | % | ||||||||
Vivayco S.A.S. (Investment liquidated by Inversiones CFNS S.A.S. during 2016) | Colombia | Portfolio Purchase | - | 74.95 | % | 74.95 | % | |||||||||
Uff Móvil S.A.S. (sold in 2015) | Colombia | Mobile network operator | - | - | 75.05 | % | ||||||||||
FCP Fondo Colombia Inmobiliario. | Colombia | Real estate broker | 62.55 | % | 50.21 | % | 50.21 | % | ||||||||
Patrimonio Autónomo Cartera LBC. (Investment liquidated as result of the merger between Bancolombia S.A. and Leasing Bancolombia during 2016.) | Colombia | Loan management | - | 100 | % | 100 | % | |||||||||
Prosicol S.A.S. (In liquidation) | Colombia | Pre-operating stage | 68.57 | % | 68.57 | % | 68.57 | % | ||||||||
Fideicomiso "Lote Abelardo Castro". | Colombia | Mercantil trust | 68.23 | % | 68.23 | % | 68.23 | % | ||||||||
Bancolombia Panamá S.A. | Panama | Banking | 100 | % | 100 | % | 100 | % | ||||||||
Valores Bancolombia Panamá S.A. (Investment initially acquired by Banistmo S.A. and subsequently merged with Valores Banistmo S.A during 2016) | Panama | Securities brokerage | - | 100 | % | 100 | % | |||||||||
Suvalor Panamá Fondo de Inversión S.A. Fondo de Inversión (Investment initially acquired by Banistmo S.A. and subsequently merged with Valores Banistmo S.A during 2016) | Panama | Holding | - | 100 | % | 100 | % | |||||||||
Suvalor Renta Variable Colombia S.A. (Investment initially acquired by Banistmo S.A. and subsequently merged with Valores Banistmo S.A during 2016) | Panama | Collective investment fund | - | 100 | % | 100 | % | |||||||||
Suvalor Renta Fija Internacional Corto Plazo S.A. (Investment initially acquired by Banistmo S.A. and subsequently merged with Valores Banistmo S.A during 2016) | Panama | Collective investment fund | - | 100 | % | 100 | % |
Entity | Jurisdiction of Incorporation | Business | Shareholding Directly and Indirectly 2016 | Shareholding Directly And Indirectly 2015 | Shareholding Directly And Indirectly 2014 | |||||||||||
Suvalor Renta Fija Internacional Largo Plazo S.A. (Investment initially acquired by Banistmo S.A. and subsequently merged with Valores Banistmo S.A during 2016) | Panama | Collective investment fund | - | 100 | % | 100 | % | |||||||||
Sistemas de Inversiones y Negocios S.A. Sinesa | Panama | Investments | 100 | % | 100 | % | 100 | % | ||||||||
Banagrícola S.A. | Panama | Investments | 99.16 | % | 99.16 | % | 99.16 | % | ||||||||
Banistmo S.A. | Panama | Banking | 100 | % | 100 | % | 98.12 | % | ||||||||
Banistmo Investment Corporation S.A. | Panama | Trust | 100 | % | 100 | % | 98.12 | % | ||||||||
Financomer S.A. | Panama | Financial services | 100 | % | 100 | % | 98.12 | % | ||||||||
Financiera Flash S.A. (Investment absorbed by Financomer S.A. during 2016) | Panama | Financial services | - | 100 | % | 98.12 | % | |||||||||
Grupo Financomer S.A. (Investment absorbed by Financomer S.A. during 2016) | Panama | Financial services | - | 100 | % | 98.12 | % | |||||||||
Securities Banistmo S.A. (Investment absorbed by Valores Banistmo S.A. during 2016) | Panama | Purchase and sale of securities | - | 100 | % | 98.12 | % | |||||||||
Banistmo Asset Management Inc. (non-operational stage) | Panama | Purchase and sale of securities | 100 | % | 100 | % | 98.12 | % | ||||||||
Banistmo Capital Markets Group Inc. (non-operational stage) | Panama | Purchase and sale of securities | 100 | % | 100 | % | 98.12 | % | ||||||||
Van Dyke Overseas Corp. (non-operational stage) | Panama | Real estate broker | 100 | % | 100 | % | 98.12 | % | ||||||||
Inmobiliaria Bickford S.A. (non-operational stage) | Panama | Real estate broker | 100 | % | 100 | % | 98.12 | % | ||||||||
Williamsburg International Corp. (non-operational stage) | Panama | Real estate broker | 100 | % | 100 | % | 98.12 | % | ||||||||
Leasing Banistmo S.A. | Panama | Leasing | 100 | % | 100 | % | 98.12 | % | ||||||||
Anavi Investment Corporation S.A. (non-operational stage) | Panama | Real estate broker | 100 | % | 100 | % | 98.12 | % | ||||||||
Desarrollo de Oriente S.A. (non-operational stage) | Panama | Real estate broker | 100 | % | 100 | % | 98.12 | % | ||||||||
Steens Enterpresies S.A. (non-operational stage) | Panama | Portfolio holder | 100 | % | 100 | % | 98.12 | % | ||||||||
Ordway Holdings S.A. (non-operational stage) | Panama | Real estate broker | 100 | % | 100 | % | 98.12 | % | ||||||||
M.R.C Investment Corp. (wound up in 2015) | Panama | Real estate broker | - | - | 98.12 | % | ||||||||||
Bienes Raices Armuelles S.A. (Investment absorbed by Van Dyke Overseas Corp during 2015) | Panama | Real estate broker | - | - | 98.12 | % | ||||||||||
Seguros Banistmo S.A. (disposed in 2015) | Panama | Insurance company | - | - | 98.12 | % | ||||||||||
Valores Banistmo S.A. | Panama | Purchase and sale of securities | 100 | % | - | - | ||||||||||
Banco Agrícola S.A. | El Salvador | Banking | 97.36 | % | 97.36 | % | 97.36 | % | ||||||||
Arrendadora Financiera S.A. Arfinsa | El Salvador | Leasing | 97.36 | % | 97.36 | % | 97.36 | % | ||||||||
Credibac S.A. de C.V. | El Salvador | Credit card services | 97.36 | % | 97.36 | % | 97.36 | % | ||||||||
Valores Banagrícola S.A. de C.V. | El Salvador | Securities brokerage | 98.89 | % | 98.89 | % | 98.89 | % |
Entity | Jurisdiction of Incorporation | Business | Shareholding Directly and Indirectly 2016 | Shareholding Directly And Indirectly 2015 | Shareholding Directly And Indirectly 2014 | |||||||||||
Inversiones Financieras Banco Agrícola S.A IFBA | El Salvador | Investments | 98.89 | % | 98.89 | % | 98.89 | % | ||||||||
Gestora de Fondos de Inversión Banagricola S.A. | El Salvador | Administers investment funds | 98.89 | % | - | - | ||||||||||
Arrendamiento Operativo CIB S.A.C. | Peru | Operating leasing | 100 | % | 100 | % | 100 | % | ||||||||
Fondo de Inversión en Arrendamiento Operativo - Renting Perú | Peru | Car Rental | 100 | % | 100 | % | 100 | % | ||||||||
Capital Investments SAFI S.A. | Peru | Trust | 100 | % | 100 | % | 100 | % | ||||||||
FiduPerú S.A. Sociedad Fiduciaria | Peru | Trust | 98.81 | % | 98.81 | % | 98.81 | % | ||||||||
Leasing Perú S.A. | Peru | Leasing | 100 | % | 100 | % | 100 | % | ||||||||
Banagrícola Guatemala S.A. | Guatemala | Outsourcing | 99.16 | % | 99.16 | % | 99.16 | % | ||||||||
Grupo Financiero Agromercantil Holding S.A. | Guatemala | Holding | 60.00 | % | 60.00 | % | - | |||||||||
Banco Agromercantil de Guatemala S.A. | Guatemala | Banking | 60.00 | % | 60.00 | % | - | |||||||||
Mercom Bank Ltd. | Guatemala | Banking | 60.00 | % | 60.00 | % | - | |||||||||
Seguros Agromercantil de Guatemala S.A. | Guatemala | Insurance company | 59.17 | % | 59.17 | % | - | |||||||||
Financiera Agromercantil S.A. | Guatemala | Financial services | 60.00 | % | 60.00 | % | - | |||||||||
Agrovalores S.A. | Guatemala | Securities brokerage | 60.00 | % | 60.00 | % | - | |||||||||
Tarjeta Agromercantil S.A. (In liquidation) | Guatemala | Credit Card | 60.00 | % | 60.00 | % | - | |||||||||
Arrendadora Agromercantil S.A. | Guatemala | Operating Leasing | 60.00 | % | 60.00 | % | - | |||||||||
Agencia de Seguros y Fianzas Agromercantil S.A. | Guatemala | Insurance company | 60.00 | % | 60.00 | % | - | |||||||||
Asistencia y Ajustes S.A. | Guatemala | Services | 60.00 | % | 60.00 | % | - | |||||||||
Serproba S.A. | Guatemala | Maintenance and remodelling services | 60.00 | % | 60.00 | % | - | |||||||||
Servicios de Formalización S.A. | Guatemala | Loans formalization | 60.00 | % | 60.00 | % | - | |||||||||
Conserjeria, Mantenimiento y Mensajería S.A. | Guatemala | Maintenance services | 60.00 | % | 60.00 | % | - | |||||||||
Media Plus S.A. | Guatemala | Advertising and marketing | 60.00 | % | 60.00 | % | - | |||||||||
New Alma Enterprises Ltd. | Bahamas | Investments | 60.00 | % | 60.00 | % | - | |||||||||
Bancolombia Puerto Rico Internacional Inc. | Puerto Rico | Banking | 100 | % | 100 | % | 100 | % | ||||||||
Suleasing Internacional USA Inc. (wound up in 2015) | United States | Leasing | - | - | 100 | % | ||||||||||
Bancolombia Caymán S.A. | Cayman Islands | Banking | 100 | % | 100 | % | 100 | % | ||||||||
Bagrícola Costa Rica S.A. | Costa Rica | Outsourcing | 99.16 | % | 99.16 | % | 99.16 | % |