Exhibit 8.1
LIST OF SUBSIDIARIES (EXHIBIT)
ENTITY | JURISDICTION OF INCORPORATION | BUSINESS | PROPORTION OF OWNERSHIP INTEREST AND VOTING POWER HELD BY THE BANK 2022 | PROPORTION OF OWNERSHIP INTEREST AND VOTING POWER HELD BY THE BANK 2021 | PROPORTION OF OWNERSHIP INTEREST AND VOTING POWER HELD BY THE BANK 2020 |
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 | 100.00% | 100.00% | 100.00% |
Valores Bancolombia S.A. Comisionista de Bolsa | Colombia | Securities brokerage | 100.00% | 100.00% | 100.00% |
WOMPI S.A.S. (Antes VLIPCO S.A.S.)(1) | Colombia | Technology services provider | 99.98% | 94.77% | - |
Renting Colombia S.A.S. | Colombia | Operating leasing | 100.00% | 100.00% | 100.00% |
Transportempo S.A.S. | Colombia | Transportation | 100.00% | 100.00% | 100.00% |
Inversiones CFNS S.A.S. | Colombia | Investments | 99.94% | 99.94% | 99.94% |
Negocios Digitales Colombia S.A.S. (Antes Pasarela Colombia S.A.S) | Colombia | Payment solutions | 100.00% | 100.00% | 100.00% |
Fondo de Capital Privado Fondo Inmobiliario Colombia(2) | Colombia | Real estate investment fund | 80.47% | 49.96% | 49.96% |
P.A. Inmuebles CEM(2) | Colombia | Mercantil trust | 80.47% | 49.96% | 49.96% |
P.A. Calle 92 FIC-11(2) | Colombia | Mercantil trust | 52.31% | 32.47% | 32.47% |
P.A. FIC Edificio Corfinsura(2) | Colombia | Mercantil trust | 80.47% | 49.96% | 49.96% |
P.A. FIC-A5(2) | Colombia | Mercantil trust | 80.47% | 49.96% | 49.96% |
P.A. FIC Inmuebles(2) | Colombia | Mercantil trust | 80.47% | 49.96% | 49.96% |
P.A. FIC Clínica de Prado(2) | Colombia | Mercantil trust | 62.00% | 38.49% | 38.49% |
P. A. FIC A6(2) | Colombia | Mercantil trust | 80.47% | 49.96% | 49.96% |
P.A. Central Point(2) | Colombia | Mercantil trust | 60.35% | 37.47% | 37.47% |
Fideicomiso Irrevocable de Garantía, Fuente de Pago y Administración Inmobiliaria Polaris(2) | Colombia | Mercantil trust | 80.47% | 49.96% | 49.96% |
P.A. Fideicomiso Twins Bay(2) | Colombia | Mercantil trust | 80.47% | 49.96% | 49.96% |
Fideicomiso Lote Av San Martín(2) | Colombia | Mercantil trust | 80.47% | 49.96% | 49.96% |
P.A. Fideicomiso Lote 30(2) | Colombia | Mercantil trust | 80.47% | 49.96% | 49.96% |
Fideicomiso Fondo Inmobiliario Bancolombia(2) | Colombia | Mercantil trust | 80.47% | 17.54% | - |
P.A. Florencia Ferrara(3) | Colombia | Mercantil trust | 44.26% | - | - |
P.A. Flor Morado Plaza(4) | Colombia | Mercantil trust | 80.47% | - | - |
Valores Simesa S.A.(5) | Colombia | Investments | 66.33% | 66.82% | 67.11% |
Fideicomiso Lote Abelardo Castro(6) | Colombia | Mercantil trust | - | - | 66.77% |
Fideicomiso Lote Distrito Vera B1B2(5) | Colombia | Mercantil trust | 66.00% | 66.49% | 66.77% |
Fideicomiso Lote Distrito Vera B3B4(5) | Colombia | Mercantil trust | 66.00% | 66.49% | 66.77% |
Fideicomiso Lote B6 Ciudad del Rio(7) | Colombia | Mercantil trust | 66.00% | - | - |
P.A. FAI CALLE 77(8) | Colombia | Real estate investment fund | 98.00% | - | - |
P.A. NOMAD SALITRE(9) | Colombia | Real estate investment fund | 98.00% | - | - |
P.A. MERCURIO(10) | Colombia | Real estate investment fund | 100.00% | - | - |
Wenia Ltd.(20) | Bermuda | Technology services | 100.00% | - | - |
Wenia S.A.S.(11) | Colombia | Technology services | 100.00% | - | - |
Nequi S.A. Compañía de Financiamiento(12) | Colombia | Financial services | 100.00% | - | - |
Bancolombia Panamá S.A. | Panama | Banking | 100.00% | 100.00% | 100.00% |
Sistemas de Inversiones y Negocios S.A. Sinesa | Panama | Investments | 100.00% | 100.00% | 100.00% |
Banagrícola S.A. | Panama | Holding | 99.17% | 99.17% | 99.17% |
Banistmo S.A. | Panama | Banking | 100.00% | 100.00% | 100.00% |
Banistmo Investment Corporation S.A. | Panama | Trust | 100.00% | 100.00% | 100.00% |
Financomer S.A.(13) | Panama | Financial services | - | - | 100.00% |
Leasing Banistmo S.A. | Panama | Leasing | 100.00% | 100.00% | 100.00% |
Valores Banistmo S.A. | Panama | Securities brokerage | 100.00% | 100.00% | 100.00% |
Banistmo Panamá Fondo de Inversión S.A.(14) | Panama | Holding | 100.00% | 100.00% | 100.00% |
Suvalor Renta Fija Internacional Corto Plazo S.A.(15) | Panama | Collective investment fund | - | 100.00% | 100.00% |
Fondo Renta Sostenible Global S.A.(15) | Panama | Collective investment fund | - | 100.00% | 100.00% |
Banistmo Capital Markets Group Inc.(14) | Panama | Real estate broker | 100.00% | 100.00% | 100.00% |
Anavi Investment Corporation S.A.(14) | Panama | Real estate | 100.00% | 100.00% | 100.00% |
Desarrollo de Oriente S.A.(14) | Panama | Real estate | 100.00% | 100.00% | 100.00% |
Steens Enterprises S.A.(14) | Panama | Portfolio holder | 100.00% | 100.00% | 100.00% |
Ordway Holdings S.A.(14) | Panama | Real estate broker | 100.00% | 100.00% | 100.00% |
Grupo Agromercantil Holding S.A. | Panama | Holding | 100.00% | 100.00% | 100.00% |
Banco Agromercantil de Guatemala S.A. | Guatemala | Banking | 99.68% | 99.66% | 99.59% |
Seguros Agromercantil de Guatemala S.A. | Guatemala | Insurance agency | 79.92% | 79.92% | 79.90% |
Financiera Agromercantil S.A. | Guatemala | Financial services | 100.00% | 100.00% | 100.00% |
Agrovalores S.A. | Guatemala | Securities brokerage | 100.00% | 100.00% | 100.00% |
Arrendadora Agromercantil S.A. | Guatemala | Operating Leasing | 100.00% | 100.00% | 100.00% |
Agencia de Seguros y Fianzas Agromercantil S.A.(16) | Guatemala | Insurance agency | 100.00% | 100.00% | 100.00% |
Asistencia y Ajustes S.A. | Guatemala | Services | 100.00% | 100.00% | 100.00% |
Serproba S.A. | Guatemala | Maintenance and remodelling services | 100.00% | 100.00% | 100.00% |
Servicios de Formalización S.A. | Guatemala | Loans formalization | 100.00% | 100.00% | 100.00% |
Conserjeria, Mantenimiento y Mensajería S.A.(16) | Guatemala | Maintenance services | 100.00% | 100.00% | 100.00% |
Mercom Bank Ltd.(17) | Barbados | Banking | 99.68% | 99.66% | 99.59% |
New Alma Enterprises Ltd. | Bahamas | Investments | 99.68% | 99.66% | 99.59% |
Bancolombia Puerto Rico Internacional Inc. | Puerto Rico | Banking | 100.00% | 100.00% | 100.00% |
Bancolombia Cayman S.A.(18) | Cayman Islands | Banking | 100.00% | 100.00% | 100.00% |
Banco Agrícola S.A. | El Salvador | Banking | 97.36% | 97.36% | 97.36% |
Arrendadora Financiera S.A. Arfinsa | El Salvador | Leasing | 97.37% | 97.37% | 97.37% |
Credibac S.A. de C.V. | El Salvador | Electronic payment platform | 97.36% | 97.36% | 97.36% |
Valores Banagrícola S.A. de C.V. | El Salvador | Securities brokerage | 98.89% | 98.89% | 98.89% |
Inversiones Financieras Banco Agrícola S.A. IFBA | El Salvador | Holding | 98.89% | 98.89% | 98.89% |
Gestora de Fondos de Inversión Banagricola S.A. | El Salvador | Administers investment funds | 98.89% | 98.89% | 98.89% |
Bagrícola Costa Rica S.A. | Costa Rica | Outsourcing | 99.17% | 99.17% | 99.17% |
Bancolombia Capital Holdings USA LLC(19) | United States | Holding | 100.00% | 100.00% | - |
Bancolombia Capital Adviser LLC(19) | United States | Investment advisor | 100.00% | 100.00% | - |
Bancolombia Capital LLC(19) | United States | Securities brokerage | 100.00% | 100.00% | - |
(1) | During 2022, the Grupo Bancolombia through its subsidiary Banca de Inversión S.A., increased its participation through the purchase of a non-controlling interest. |
(2) | During 2022, Grupo Bancolombia increased its participation in FCP Fondo Inmobiliario Colombia, in order to strengthen governance and strategy decisions. For further information, see Consolidated financial statements Note 1. Reporting entity. |
(3) | Company consolidated by the FCP Fondo Inmobiliario Colombia since April 2022. For further information, see Consolidated financial statements Note 1. Reporting entity. |
(4) | Company consolidated by the FCP Fondo Inmobiliario Colombia since December 2022. For further information, see Consolidated financial statements Note 1. Reporting entity. |
(5) | The decrease in the shareholding is due to the repurchase of outstanding stock carried out by Valores Simesa subsidiary during 2021 and 2022. |
(6) | The trust rights were assigned in June 2021. |
(7) | Mercantil trust consolidated by Valores Simesa since March 2022. For further information, see Consolidated financial statements Note 1. Reporting entity. |
(8) | On March 1, 2022, the Parent Company was established as trustor of PA FAI Calle 77, owner of a property that will be used for rental housing. For further information, see Consolidated financial statements Note 1. Reporting entity and Note 9.3. Business combination. |
(9) | On April 4, 2022, the Parent Company was appointed as trustor of 100% of the trust rights of Patrimonio Autonomo Nomad Salitre, whose main purpose is to develop a Multifamily Project. For further information, see Consolidated financial statements Note 1. Reporting entity. |
(10) | On July 8, 2022, Bancolombia S.A. acquired control of Fidecomiso P.A. Mercurio, through a through a mercantile trust administration agreement. For further information, see Consolidated financial statements Note 1. Reporting entity. |
(11) | Company incorporated by Wenia Ltd. on November 22, 2022. For further information, see Consolidated financial statements Note 1. Reporting entity. |
(12) | On December 14, 2021, the board of directors of the Parent Company authorized the legal separation of the business of Nequi, Bancolombia Group’s digital platform that offers financial services. The Superintendencia Financiera de Colombia, with Resolution 0843 of July 6, 2022, as amended by Resolution 0955 of July 27, 2022, authorized the incorporation of Nequi S.A. Compañía de Financiamiento. The legal separation resulted in the creation and commercial registration of a new corporation supervised by the Superintendencia Financiera de Colombia through which Nequi will operate as a 100% digital credit establishment. For further information, see Consolidated financial statements Note 1. Reporting entity. |
(13) | Merger between the Banistmo S.A. (absorbing entity) and Financomer S.A. (absorbed entity) in November 2021. |
(14) | Investments in non-operational stage. |
(15) | Companies not consolidated by Banistmo S.A. as of November 2022, due to non-compliance with consolidation requirements established in IFRS 10. |
(16) | Companies in voluntary liquidation. |
(17) | On September 30, 2021, the Mercom Bank Ltd shareholders authorized the beginning of an organized and gradual process to transfer of the assets and liabilities of Mercom Bank, Ltd., to Banco Agromercantil de Guatemala, S. A. or other companies of Bancolombia Group. For further information, see Consolidated financial statements Note 1. Reporting entity. |
(18) | On October 5, 2020, the Board of Directors of Bancolombia Panamá (parent company of Bancolombia Cayman), authorized the decision to wind-down the business and operations of its subsidiary in Cayman. For further information, see Consolidated financial statements Note 1. Reporting entity. |
(19) | Companies created by Valores Bancolombia S.A. Comisionista de Bolsa in October 2021. For further information, see Consolidated financial statements Note 1. Reporting entity. |
(20) | On July 22, 2022, the Parent Company through its subsidiary Sistemas de Inversiones y Negocios S.A. SINESA, incorporated this vehicle whose purpose is to provide technology services. For further information, see Consolidated financial statements Note 1. Reporting entity. |