Bancolombia’s Assets Grow Amidst Profit Shifts

Bancolombia (CIB) has released an update.

Bancolombia S.A. reports a rise in total assets to COP 352.2 billion as of June 30, 2024, up from COP 342.9 billion at the end of 2023. The financial statements show an increase in loans and advances to customers, along with a growth in shareholders’ equity. Meanwhile, the bank has experienced a decrease in net income attributable to equity holders of the Parent Company compared to the previous year.

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