Financial Services

Financial Services

As of year-end 2023, miscellaneous financial services represented 66.1% of our investments, and we participate through our companies in the insurance, pension, savings and investment, and universal banking sectors.

SURA Asset Management

93.3%

SURA Asset ManagementPensions, Savings, Investments and Asset Management

  • Chile
  • Colombia
  • Mexico
  • Peru
  • Uruguay
  • United States
  • Luxembourg
Full Year of 2022 Full Year of 2023
Variable Value Variable Value
Revenues 3,176,278 Revenues 4,868,510
Net Profit 440,678 Net Profit 901,862
Assets 31,871,389 Assets 31,277,947
Equity 13,694,550 Equity 11,847,958

*Figures in millions of Colombian Pesos.

Seguros SURA (Suramericana)

A company specialized in insurance, trends and risks throughout nine countries of Latin America. Its purpose is to fully meet the community’s protection and savings needs providing products such as casualty insurance, life insurance and occupational risks.

81.1

Seguros SURA (Suramericana)Insurance, Trends and Risks

  • Brazil
  • Chile
  • Colombia
  • Mexico
  • Panama
  • Dominican Republic
  • Uruguay
Full Year of 2022 Full Year of 2023
Variable Value Variable Value
Revenues 25,036,209 Revenues 28,543,114
Net Profit 490,377 Net Profit 511,704
Assets 41,517,197 Assets 38,402,313
Equity 6,289,861 Equity 5,853,709

*Figures in millions of Colombian Pesos.

Grupo Bancolombia

An all-purpose banking organization (commercial banking, consumer banking, insurance banking, government banking, asset management, treasury products, investment banking, off-shore banking, private banking, and other complementary financial services) throughout four countries of Latin America.

46,2%

Grupo BancolombiaAll-purpose Banking

  • Colombia
  • El Salvador
  • Guatemala
  • Panama
Full Year of 2022 Full Year of 2023
Variable Value Variable Value
Revenues 20,632,429 Revenues 21,089,711
Net Profit 6,996,365 Net Profit 6,214,971
Assets 352,814,733 Assets 342,928,809
Equity 39,088,903 Equity 38,089,512
Market Value**: 30,449,695

*Share over ordinary shares (with voting rights). Stock composition of the chart corresponds to total capital (including preferred shares).
**At the close of 2023.
***Figures in millions of Colombian Pesos.

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