When will Bancolombia services be restored after several days of multiple failures? This is what its president said

Portafolio Journalist 02/26/2026 09:32 Updated: 02/26/2026 09:40

When will Bancolombia services be restored after several days of multiple failures? This is what its president said

TL;DR

  • Bancolombia experienced a major system outage due to a failed software update during a data center migration.
  • In contingency mode, customers can perform internal transfers, ATM withdrawals, and card payments, but external transfers and full payment ecosystem functions are restricted.
  • The bank is working on two plans to restore full services, prioritizing payroll payments.
  • The technical issue involved a software error in the central operating system during an update, not physical hardware damage.
  • Nequi, a separate entity within the same business group, is operating normally, though fund flow between Nequi and Bancolombia is affected.
  • Bancolombia will proactively identify and correct transaction inconsistencies and compensate affected customers.