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
23, 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 THE TRANSFER OF ASSETS, LIABILITIES AND CONTRACTS OF
SUFINANCIAMENTO S.A. TO BANCOLOMBIA S.A.
Medellín,
Colombia, March 23, 2010
Bancolombia
S.A. (“Bancolombia”) announces that on March 19, 2010, 25% of the assets,
liabilities and contracts of Sufinanciamiento Finance Company
(“Sufinanciamiento”) were assigned to its parent
company, Bancolombia, as authorized by the Colombian Superintendency
of Finance (“the Transaction”).
Pursuant
to the Transaction, Sufinanciamiento assigned to Bancolombia assets and
contracts totaling COP 1,208,019 million and Bancolombia assumed
liabilities of Sufinanciamiento totaling COP 1,192,809 million. The difference, amounting
to COP 15,210 million will be paid by
Bancolombia in cash, on or before March 29, 2010.
Also
pursuant to the Transaction, Bancolombia will hold the trademark to
Sufinanciamiento, which will hereafter be used to identify the automobile
finance division of Bancolombia.