MEDELLIN, Colombia, Aug. 22 /PRNewswire-FirstCall/ -- Fitch Ratings, the international ratings agency, has revised the ratings assigned to Bancolombia and its subsidiaries following the recent country ceiling upgrade for Colombia: Long-term foreign currency upgraded to "BB+" from "BB", Short- term foreign currency rating affirmed at "B", Long-term local currency affirmed at "BBB-", Short-term local currency rating affirmed at "F3" and Individual affirmed at "C". The Outlook on the Long-term debt ratings is stable. At the same time, the bank's support rating was affirmed at "3".