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Bancolombia hungry for new acquisitions?

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Latin Business Chronicle interviewed Carlos Raúl Yepes, Bancolombia’s CEO. The bank will not venture outside Central America and the northern tip of South America, but it will continue to look for opportunities in banking and other financial services.

Bancolombia will not be tempted to move outside its strategically-defined hunting ground: Central America and the northern tip of South America, the bank’s CEO Carlos Yepes told Latin Business Chronicle. But this geographic self-restraint does not mean that it will stop looking at other acquisition targets. “We are not only a bank. We are interested in trust companies and brokerages,” he added.  

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