Bancolombia Reports 3Q Net Profits Up 27% from Previous Quarter
Bancolombia S.A. (NYSE:CIB), Colombia's largest bank, reported that third quarter net profits of COP 321.2 billion (US$ 161 million), up 27% from the previous quarter, and up 12% from the third quarter results reported a year ago.
Nathaniel Flannery is a freelance financial journalist who lives in New York City. He currently works with a research group and is completing a Master's Degree at Columbia University in New York.
He says, Columbia's "MARSLAC [program] provides me with the opportunity to analyze Latin American political and economic problems with the tool-kits of an economist and a journalist. I have had the opportunity to investigate current events in a business journalism course and also engage in critical analysis of historical problems through my coursework at Columbia's School for International Policy and Affairs. MARSLAC is a great program that allows you to pursue your interests, expand your horizons, and learn from top-notch professors. MARSLAC provides a dynamic classroom environment, as students and professors have all worked and studied in a wide variety of fields. MARSLAC has given me the chance to investigate more fully themes and questions I looked into in college while studying abroad in both Asia and Latin America."
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