Grupo Cibest

Banking · Colombia · 10K+ Employees

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Overview

Headquarters

torre sur carrera 48 No 26-85, Medellín,...

Revenue

$8.8 Billion

Industry

Banking Finance
ZI Rank: 1
Signal Type
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ZI Rank
1
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About Grupo Cibest

Grupo Cibest is a Colombian financial services holding company and the parent of Bancolombia and other regional financial businesses. The group provides banking, lending, payments, investment, insurance, wealth management, and digital financial services to individuals, businesses, and institutions across Latin America. It operates through a diversified portfolio of financial brands and digital platforms.Explore more
Popular SearchesGrupo Cibest SASIC Code 67,671NAICS Code 55,551Show more

Grupo Cibest Org Chart

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DA
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Markets & Investment Strategy Head

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Structured Operations Head (Dcm ECM)

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DV
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Gerente Estructuración Transaccional

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Activity Insights

Grupo Cibest is experiencing very low activity levels compared to other companies in the Finance sector.

What does this means?

Grupo Cibest is drawing exceptional interest within the Finance industry, suggesting notable developments or strong market momentum, learn more about Grupo Cibest.

Most Recent Scoops

Earnings
reported that shareholders' equity grew 4.8% over the quarter, driven by net income generation, with Bancolombia's standalone Common Equity Tier 1 ratio at 12.1% and total solvency ratio at 13.9% as of June.
Earnings, Accounting, Financial Planning, Financial Reporting, Stake & Stock Ownership, Finance, Financial Strategy
Earnings
reported that its gross loan portfolio grew 5.7% year-over-year, or 9.6% net of foreign exchange effects, with mortgage loans growing 12% annually and consumer loans expanding 7.4% over the year, supported by strong growth in vehicle lending, Nequi, and credit cards.
Accounting, Financial Reporting, Banking, Consumer Finance, Finance
Earnings
reported that net interest income increased 16.5% during the quarter, with net interest margin expanding 91 basis points from 7% to 7.9%, driven by lending NIM growth from 7.8% to 8.3% and investment NIM rising from 1.8% to 6%.
Earnings, Finance, Financial Operations
Earnings
reported net income of COP 2.7 trillion for Q2, increasing 87% quarter-over-quarter, with an annualized ROE of 29%, Bancolombia posting a standalone ROE of 36%, and Central American operations delivering ROEs of 20%, while BAM achieved a record low cost-to-income ratio of 43%.
Earnings, Finance, Financial Operations
Earnings
Cloud, Contact / Call Center, Accounting, Financial Reporting, Finance, Financial Operations, Tax
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Grupo Cibest News & Media

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Frequently Asked Questions Regarding Grupo Cibest

What is Grupo Cibest's official website?
Grupo Cibest's official website is www.grupocibest.com
What is Grupo Cibest's Revenue?
Grupo Cibest's revenue is $8.8 Billion
What is Grupo Cibest's SIC code?
Grupo Cibest's SIC: 67,671
What is Grupo Cibest's NAICS code?
Grupo Cibest's NAICS: 55,551
How many employees does Grupo Cibest have?
Grupo Cibest has 10K+ employees
What industry does Grupo Cibest belong to?
Grupo Cibest is in the industry of: Banking, Finance
What does Grupo Cibest do?

Grupo Cibest is a Colombian financial services holding company and the parent of Bancolombia and other regional financial businesses. The group provides banking, lending, payments, investment, insurance, wealth management, and digital financial services to individuals, businesses, and institutions across Latin America. It operates through a diversi... fied portfolio of financial brands and digital platforms.Read More

Is Grupo Cibest a public company?
Grupo Cibest is private company therefore does not currently have an official ticker symbol
See more information about Grupo Cibest

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