BAM: Bancolombia's ownership and purchase price

Dossier: Local and multilateral financing16-financiamiento.md
Domain: Where the credit comes fromfinanciamiento
Room: Invest · Where the credit comes from/invertir/financiamiento
Audited: Audited

BAM has been 100% owned by Grupo Bancolombia (Colombia) since 2020: according to the material-event filing (Form 6-K) submitted by Bancolombia to the SEC on 13 March 2020, it acquired the remaining 40% of Grupo Agromercantil Holding for US$289,144,606. Forbes Centroamérica confirms the move from 40% to 100% and that BAM was the country's fifth-largest bank by assets (Q28,289 million in 2020), though it does not publish the price. The network of 68 branches in the capital and 87 in the departments (2023) comes from Wikipedia and needs verification.

The research is written in English; quoted figures, source names and the titles of legal instruments stay in the language their source published them in.

Figures

Precio por el 40% restante de Grupo Agromercantil HoldingBancolombia, Form 6-K ante la SEC: US$289,144,60613-mar-2020
Activos de BAMSIB vía Forbes Centroamérica: Q28,289 millones (5º banco del país)2020

Caveat

branch-network figures come from a secondary source (Wikipedia) and are still to be verified

Sources

Bancolombia, Form 6-K ante la SEC, 13-mar-2020sec.govconsulted Aug 22, 2026
Forbes Centroamérica, 4-mar-2020forbescentroamerica.comconsulted Aug 19, 2026
Wikipedia, Banco Agromercantil (secundario)es.wikipedia.orgconsulted Aug 19, 2026

Organizations named in the answer

Grupo BancolombiaColombian controlling shareholder of BAM; an example of the large deals in Guatemala being done by strategic buyers (material-event filing with the SEC, 13 March 2020) (§2, §10).Bank

Directory of organizations

Related records

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