MEDELLIN, Colombia, June 20 /PRNewswire-FirstCall/ -- Moody's Investors Services upgraded to Ba2, with a stable outlook from Ba3, the foreign-currency deposit ratings assigned to Bancolombia.
At the same time, Moody's upgraded Bancolombia's foreign currency subordinated bond rating to Baa3 from Ba1, with a stable outlook.
The bank financial strength ratings (BFSR) and global local currency deposit ratings were not affected by this rating action.
Contacts Sergio Restrepo Executive VP Tel.: (574) 5108668 Jaime A. Valasquez Financial VP Tel.: (574) 5108666 Juan Esteban Toro IR Manager Tel.: (574) 5108866
