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Banco Mercantil del Istmo Panama: 1966-2003 Merged with parent companyBanistmo. Banco Trasatlántico Panama: 1979-2012 Acquired by Balboa Bank & Trust. [12] Banco Panamá Panama: 2008-2020 Acquired by Banco Aliado. [13] Banco Panameño de la Vivienda (Banvivienda) Panama: 1981-2018 Acquired by Global Bank. [14] Banco Universal Panama: 1994-2016 ...
The transaction was completed in October 2013, with HSBC Panama rebranding as Banistmo. [2] At the time of the rebranding to Banistmo, HSBC Panama was the second largest bank in Panama in terms of market share in loans and customer deposits. It had more than 2,300 employees, 420,000 clients, 57 branches and 264 ATMs. [3]
Banistmo is the largest bank in Panama and Central America. It was founded in 1984 as Primer Banco del Istmo before it became part of the HSBC Group following its former parent company, Grupo Banistmo's acquisition by HSBC in November 2006. It was the subsidiary of HSBC Bank (Panama) S.A. until it merged into
Grupo Banistmo was a Panamanian financial services company, and the largest in Central America. It was founded in 1984. It was founded in 1984. In 1999 it began an expansion strategy that has resulted in the acquisition of banks in several Central American countries, as well as Colombia and the Bahamas .
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No evidence has been provided that "Banistmo" is the common name. ONR (talk) 01:28, 17 September 2018 (UTC) @Old Naval Rooftops: The original and official name of the bank was "Primer Banco del Istmo" up until it was merged with HSBC Panama. Banistmo was just the nickname that the bank and many would use although not it's official name.
On April 1, 2005, the Superintendence of Banks of Panama granted the bank a General Banking License under Resolution SB.No.033-2005. In March 2010, full control of shares of the bank was ceded to Strategic Investors Group, Inc, and on April 21, 2010, the Superintendence of Banks of Panama authorized the change of the bank's legal name to Balboa ...
The National Bank of Panama (Spanish: Banco Nacional de Panamá) (BNP) is one of two Panamanian government-owned banks. As of January 2009, it held deposits of about US$5 billion. The other government-owned bank is Caja de Ahorros de Panamá (Savings Bank of Panama), with about US$1 billion in total deposits.