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
16, 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 A SANCTION RESOLUTION OF THE COLOMBIAN SUPERINTENDENCY OF
FINANCE
Medellín,
Colombia, March 16, 2009
Pursuant
to Resolution No. 0420, dated February 25, 2010, which was issued and served on
Bancolombia S.A. (“Bancolombia”) by the Colombian Superintendency of Finance
(“Superintendency”) on March 15, 2010, the Superintendency
imposed a fine of COP103 million (or USD 54,000 approximately) to
Bancolombia resulting from (i) deficiencies in the generation and transmission
of informative forms established by the Superintendency titled “Transacciones a
través de Canales de Distribución” and “Comportamiento de la Cartera de
Créditos-Cosechas” and (ii) deficiencies associated with the processing of
payments of credit card bills by check.
Bancolombia
is considering the appropriate legal course of action.
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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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