Grupo Cibest S.A.

Grupo Cibest S.A., together with its subsidiary entities, delivers a comprehensive array of banking and financial services, operating both within Colombia and on an international scale. Their core offerings encompass diverse deposit options such as current and savings accounts, various time deposits, and a range of investment vehicles. A comprehensive suite of lending solutions is also available, ranging from trade finance and working capital facilities to mortgages, credit cards, and a variety of personal, vehicle, payroll, and small enterprise loans, alongside overdraft protection. Furthermore, the group facilitates factoring services and offers both financial and operational leasing arrangements. In capital markets, they deal in instruments for hedging and engage in extensive trading activities, including interbank lending, repurchase agreements, foreign exchange dealings, and trading in both government and corporate securities. Clients also benefit from brokerage and investment advisory services, facilitated access to domestic and international capital markets, and third-party asset management. Their corporate services extend to cash management, solutions for managing payables and receivables, real-time online services, and SWIFT Net connectivity. The company also supports clients with foreign currency investment strategies and trade finance instruments like letters of credit and bill collection services. They offer bancassurance products and various insurance policies. Its investment banking division delivers a suite of services, comprising project and acquisition finance, financing for major corporations, loan syndication, debt and equity capital market operations, principal investments, merger and acquisition advisory, and guidance on hedging strategies and corporate restructurings. Additional offerings include trust and fiduciary services, escrow management, and a range of investment and real estate funds. The group is also behind the Nequi digital banking platform and introduces various innovations such as BRE-b for mortgage lending, Wompi payment solutions, and inflation-indexed sustainability loans like 'Salud para ti.' They also extend support through roadside and medical assistance programs. Clients can access these services through an extensive network of distribution channels, including traditional physical and mobile branches, ATMs, comprehensive online and mobile banking platforms, telephone banking, banking correspondents, kiosks, and direct business relationships. Established in Medellín, Colombia, in 1875, the company operated as Bancolombia S.A. until its rebranding to Grupo Cibest S.A., effective May 2025.

CEO: Mr. Juan Carlos Mora Uribe - http://www.grupocibest.com