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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.
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 .
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Banistmo will use the proceeds of the notes for general corporate purposes, including funding the bank's loan growth and the refinancing of maturing debt obligations. Moody's has also assigned ...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Banistmo, S.A.Global Credit Research - 26 Jan 2022New York, January 26, 2022 -- Moody's Investors ...
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.