Bancolombia S A : December 14, 2021, Bancolombia s.a. announces authorization for the incorporation of nequi’s business as a legal entity
December 13, 2021
Share
December 14th, 2021
Medellín, Colombia
BANCOLOMBIA S.A. ANNOUNCES AUTHORIZATION FOR THE INCORPORATION OF NEQUI'S BUSINESS AS A LEGAL ENTITY
At the meeting held today, the Board of Directors authorized the incorporation of a legal entity for Nequi's business.
For these purposes, a process to incorporate a financing company (Compañía de Financiamiento) will be pursued, which will allow Nequi to operate as a 100% digital credit institution (Establecimiento de Créditol).
The authorization of the Board of Directors also includes the creation of other non-financial vehicles that will leverage Nequi's development as well as the provision of technological solutions and services at a regional level.
Nequi is Grupo Bancolombia's digital platform, which serves more than 9.7 million clients in Colombia with a services experience that enables agile mobilization of resources and is adapted to their needs.
Contacts
Mauricio Rosillo
Jose Humberto
Carlos Daniel
Rojas
Acosta
Raad
Corporate VP
Financial VP
IR Director
Tel: (571)
Tel: (571)
Tel: (571)
4885675
4885934
4885371
Attachments
Original Link
Original Document
Permalink
Disclaimer
Bancolombia SA published this content on 14 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 December 2021 22:39:04 UTC.
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. 
