Bancolombia : announces resolutions of extraordinary shareholders meeting
November 03, 2015 at 03:41 pm EST
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RESOLUTIONS FROM THE SUPERINTENDENCY OF FINANCE
BANCOLOMBIA S.A ANNOUNCES RESOLUTIONS OF EXTRAORDINARY SHAREHOLDERS MEETING
Medellin, Colombia, October 30, 2015
Bancolombia announces the resolutions adopted by the Extraordinary Shareholders meeting held today:
Partial amendment of the bylaws. The main purpose of this amendment is to adopt better corporate governance practices, in accordance with the recommendations made by the Colombian Superintendency of Finance in 'Codigo Pais'. The text of the amendment (in Spanish) is available at:
Increase of the authorized capital stock to COP 700,000 million. This approval is limited to an amendment of the bylaws and, as previously indicated, does not modify the subscribed and paid- capital of Bancolombia.
Bancolombia S.A. (Bancolombia) is a financial institution engaged in providing a range of financial products and services to a diversified individual, corporate, and government customer base throughout Colombia, Latin America and the Caribbean region. The Bank operates through 10 segments: Banking Colombia, Banking Panama, Banking El Salvador, Leasing, Trust, Investment Banking, Brokerage, Off Shore and All other. It delivers its products and services through its regional network comprising Colombia's non-Government owned banking network, El Salvador's financial conglomerate by gross loans, Guatemala's bank, Panama's bank and off-shore banking subsidiaries in Panama, Cayman and Puerto Rico, as well as subsidiaries in Peru. The Bank and its subsidiaries offer Savings And Investment, Ahorro A La Mano, Financing, Mortgage Banking, Factoring, Financial and Operating Leases, Capital Markets, eTrading, Cash Management, Foreign Currency, Bancassurance, Investment Banking and Trust Services.
BANCOLOMBIA S.A. 
