-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, QXt5iMukFBTW1QV5PVw/rjLkX6O8SIWiv8Wyy0ViiIzYQO9A2mFEC9POYTVGciq7 rs3txMZ9+KFIAWqGZsMiuQ== 0000950123-03-004691.txt : 20030424 0000950123-03-004691.hdr.sgml : 20030424 20030424123621 ACCESSION NUMBER: 0000950123-03-004691 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030424 FILED AS OF DATE: 20030424 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BANCOLOMBIA SA CENTRAL INDEX KEY: 0001071371 STANDARD INDUSTRIAL CLASSIFICATION: COMMERCIAL BANKS, NEC [6029] IRS NUMBER: 000000000 STATE OF INCORPORATION: F8 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-09478 FILM NUMBER: 03661702 BUSINESS ADDRESS: STREET 1: CALLE 50 STREET 2: NO 51-66 CITY: MEDELLIN COLOMBIA STATE: F8 ZIP: 00000 6-K 1 y85459ae6vk.txt BANCOLOMBIA S.A. CONFORMED COPY SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1933 For the month of April 2003 BANCOLOMBIA S.A. ----------------- (Translation of Registrant's name into English) Calle 50 No. 51-66 Medellin, Colombia ------------------ (Address of principal executive offices) (Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.) Form 20-F X Form 40-F ------- (Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.) Yes No X -------- ------- (If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-______________.) This Report on Form 6-K shall be incorporated by reference into the registrant's registration statement on Form F-3 (File No. 333-12658). SIGNATURE --------- Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. BANCOLOMBIA S.A. (Registrant) Date: April 24, 2003 By /s/ JAIME ALBERTO VELASQUEZ B. -------------------------------------- Name: Jaime Alberto Velasquez B. Title: Vice President of Finance [BANCOLUMBIA LOGO] BANCOLOMBIA REPORTS ACCUMULATED NET INCOME OF PS 56,162 MILLION FOR THE THREE MONTHS ENDED MARCH 31, 2003 Medellin, April 23, 2003. BANCOLOMBIA (NYSE:CIB)* - ------------------------ BANCOLOMBIA reported net income of Ps 21,488 million for the month ended March 31, 2003, a 17.5% increase as compared to Ps 18,291 million reported for the same period in 2002. For the three months ended March 31, 2003 the Bank reported accumulated net income of Ps 56,162 million, 48.9% higher than that of the same period of 2002. Total assets in March increased 17.8% to Ps 9.7 trillion over the last twelve months. Total deposits of checking accounts, saving deposits and time deposits increased 19% from Ps 5.2 trillion to Ps 6.2 trillion over the last year. BANCOLOMBIA's total shareholders' equity increased Ps 158 billion in March to Ps 1.15 trillion. BANCOLOMBIA's level of past due loans as a percentage of total loans was 2.4% as of March 31, 2003, and the level of allowance for past due loans was 218%. Market Share According to ASOBANCARIA (Colombia's national banking association), BANCOLOMBIA's market shares as of March 2003, with respect to the Colombian Financial System were 12.4 % of total deposits, 12.6% of total net loans, 11% of total savings accounts, 17.0% of total checking accounts and 11.6% of time deposits. Contacts: Jaime A. Velasquez: Financial VP (574) 5108666 Maria A. Villa: R Manager (574) 5108866 - --------------- * Please note that the information contained herein sets forth and is based on the unconsolidated, unaudited financial results of the Bank for the periods specified and as calculated herein in accordance with Colombian GAAP. Such information can therefore not be compared to and should not be used in any way to interpret any information contained in Bancolombia's annual report on Form 20-F for the year ended December 31, 2002 or in Bancolombia's quarterly press releases, each of which contain the consolidated financial results of the Bank and its subsidiaries for each of the periods specified and as calculated each therein. CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS This release contains statements that may be considered forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934. All forward-looking statements, whether made in this release or in future filings or press releases or orally, address matters that involve risks and uncertainties; consequently, there are or will be factors that could cause actual results to differ materially from those indicated in such statements. -----END PRIVACY-ENHANCED MESSAGE-----