UNITED
STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington D.C.
20549
FORM 6-K
REPORT
OF FOREIGN PRIVATE ISSUER
PURSUANT
TO RULE 13a-16 OR 15d-16 OF
THE
SECURITIES EXCHANGE ACT OF 1934
For the
month of March, 2010.
Comission
File Number 001-32535
Bancolombia S.A.
(Translation
of registrant’s name into English)
Cra. 48 #
26-85
Medellín,
Colombia
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F.
Form 20-F
þ Form 40-F
o
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(1): ___
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(2): ___
Indicate
by check mark whether the registrant by furnishing the information contained in
this form is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes o No
þ
If “Yes”
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82- .
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
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BANCOLOMBIA
S.A.
(Registrant)
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Date: March
1, 2010
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By:
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/s/ JAIME ALBERTO VELÁSQUEZ
B.
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Name:
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Jaime
Alberto Velásquez B.
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Title:
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Vice
President of Finance
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BANCOLOMBIA
S.A. ANNOUNCES TECHNICAL FAILURE IN THE PROCESS
OF
OPERATION
In
connection with the technological failures that affected the normal operations
during the weekend of February 26 to 28, 2010, Bancolombia S.A. (“Bancolombia”)
announces that:
1. The
incident was produced by a failure in one of our technology applications on the
afternoon of February 26. Bancolombia immediately engaged its contingency plans
aimed at restarting normal operations, which began to progressively normalize
around 6 p.m. that afternoon.
2. During
the days of February 27 and 28, all actions necessary to reestablish normal
processing of deposits for our clients were completed.
3. Transactional
operations have been reestablished, though we continue to experience some minor
technological difficulties, which is to be expected during the ongoing process
of resetting our technological platform. We continue to work
arduously on reestablishing normal operations.
4. These
technological outages were not the result of a breach in our security systems
nor were they the result of an external attack. We emphasize that at
no time was the safety of our clients’ deposits or our business at
risk.
Any
inconveniences or claims resulting from these technological outages will be
dealt with through our customer service channels.
We offer
our apologies again to our clients and users for any inconvenience this
technological outage may have caused and we continue to work tirelessly to
guarantee our commitment to a high level of customer service.
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Contacts
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Sergio
Restrepo
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Jaime
A. Velásquez
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Juan
E. Toro
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Executive
VP
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Financial
VP
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IR
Manager
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Tel.:
(574) 4041424
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Tel.:
(574) 4042199
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Tel.:
(574)
4041837
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