MEDELLIN, Colombia, March 31 /PRNewswire-FirstCall/ -- Fitch Ratings ("Fitch") affirmed Bancolombia's ratings as follows:
Foreign Currency Long Term IDR: 'BB+' Foreign Currency Short Term IDR: 'B' Local Currency Long Term IDR: 'BB+' Local Currency Short Term IDR: 'B' Individual rating: 'C/D' Support rating: '3' Support floor: 'BB-'
At the same time, Fitch affirmed Bancolombia's subordinated debt rating at 'BB'.
The Outlook for Bancolombia's ratings remains 'Stable'.