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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 HSBC Bank (Panama) in 2009.
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]
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 .
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.
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Grupo Banistmo: Financials Banks Panama City: 1984 Merged in 2007 with HSBC Bank (Panama) P D Hotfile: Technology Internet Panama City: 2006 File hosting, defunct 2013 P D HSBC Bank (Panama) Financials Banks Panama City: 1972 Part of HSBC (UK) P A Mossack Fonseca: Industrials Business support services Panama City: 1977 Law firm P A National ...
In November 2006, HSBC acquired Grupo Banistmo (Banistmo), a Panamanian banking group that owned Panama's leading bank, Primer Banco del Istmo, and 106 other branches in Costa Rica, Honduras, Colombia and Nicaragua, as well as 56.2% of the holding company that owned Bancosal. The next year, HSBC extended two tender offers to acquire the ...
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