BanColombia SA News

Colombian stocks fell Friday as banking shares continued to decline due to investors' worries over a rise in overdue consumer loans.

After watching banks throughout the BRIC group roll under serious selling pressure, sometimes it's nice to remember that there is finance stock in the emerging world that can still deliver blockbuster performance.

Colombia's government said Friday it will force some banks to set aside higher provisions, or reserves, on new consumer credit due to a worrisome rise in past-due loans and amid signs of strain in the economy.

Banco Bradesco SA is a Brazil-based commercial bank. The full research report on Banco Bradesco SA is available here: www.MarketFoundations.com/index.php?coa=BBD . Market Foundations has released research on Bancolombia S.A. for its changing role within the financial industry.

BOGOTA Colombian stocks tumbled again Tuesday, led by losses in top private-oil producer Pacific Rubiales and the country's main lending institution, Bancolombia SA .The Colcap, an index of blue-chip stocks, dropped 0.37% to end at 1,733.67 points, tracking losses in U.S. markets as investors around the globe worried of contagion effects from ... (more)

BOGOTA Colombian stocks declined Friday as shares of Bancolombia continued to tumble after its first-quarter earnings report showed a worrisome rise in delinquent loans.The Colcap, an index of blue-chip stocks, dropped 0.21% to end at 1,775.80 points.Shares in Bancolombia, Colombia's largest lending institution, dropped for a second day, shedding ... (more)

Bancolombia SA , Colombia's largest bank, posted first-quarter consolidated net income of 446 billion Colombian pesos , a 27% increase from the same quarter a year earlier, due to a "dynamic" growth of consumer loans.

BOGOTA Colombian stocks climbed Monday, led by the country's largest oil company Ecopetrol and its top lending institution, Bancolombia .The Colcap, an index of blue-chip stocks, rose 0.17% to end at 1,802.34 points.Shares of Ecopetrol, one of the heaviest-traded shares on the Bogota bourse, rose 0.9% to COP5,650, while shares of Medellin-based ... (more)