Bancolombia has announced the sale of 100% of its FiduPerú shares to Grupo TMF



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The bank announced that its subsidiaries Fiduciaria Bancolombia and Banca de Inversión Bancolombia had reached an agreement

Laura Fernanda Bolaños R. – lbolañ[email protected]

In an official statement addressed to the Financial Superintendency, Bancolombia Bank announced the sale of an investment made in Peru.

As stated in the official document, the bank announced that its subsidiaries Fiduciaria Bancolombia and Banca de Inversión Bancolombia had reached an agreement for the sale of 100% of the shares of FiduPerú SA Sociedad Fiduciaria, a fiduciary services company incorporated and operating in Peru .

As stipulated by the bank ", the sale, the improvement of which is subject to obtaining the corresponding authorizations by the Superintendency of Banks, Insurance and Private Administrations of Pension Funds of Peru – SBS, is carried out in favor of TMF Group Americas BV, incorporated under the laws of the Kingdom of the Netherlands belonging to the TMF group, and belonging to a conglomerate of Dutch origin, present in over 80 countries and providing, inter alia, business services and fiduciary services"

Bancolombia also took the opportunity to clarify that "this transaction does not matter in the financial statements of Bancolombia SA Its presentation to the market under appropriate conditions is consistent with the legal obligation in force in Colombia that provides the disclosure of the sale of a subordinate corporation ".

It should be recalled that FiduPerú is a legally constituted trust entity in 2008, which includes the following services: "Administrative Trust and Source of Payment, Real Estate Trusts, Sacrow Agent and Family Trusts".

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