Investment Bank of the Year, Colombia: Bancolombia

Nov 1, 2013

Already a league table leader, Bancolombia plans to extend its investment banking capacities

Colombia may be the subject of increasing optimism among investors looking at Latin America and companies operating in the region, but it is not immune to external forces. When the US Federal Reserve began hinting at an end to ultra loose monetary policy, investment banking deal flow in the country took a hit.

Yet Ricardo Jaramillo, Grupo Bancolombia’s head of investment banking, reckons Colombia’s capital markets will bounce back soon. He expects mergers and acquisitions to continue, and international firms and multinationals to provide more business.

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