Fitch Places Bancolombia and Subsidiaries' Ratings on Watch Negative

NEW YORK–(BUSINESS WIRE)–Fitch Ratings has today placed selected internationals scale ratings of Bancolombia S.A.’s (Bancolombia) and certain foreign subsidiaries on Rating Watch Negative, following the release of its latest financial reports that reflected weaker than expected capital metrics. A full list of rating actions follows at the end of this release. The affected subsidiaries are: –Bancolombia Panama S.A.; –Bancolombia Puerto Rico International Inc.; –Banistmo S.A. The national sc
Source: BusinessWire-Primary

Fitch Places Bancolombia and Subsidiaries' Ratings on Watch Negative