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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
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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 .
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]
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The current Banistmo website refers to Banistmo S.A. According to the Panamanian company registry, that company was set up in 2004 and seems to be a different company to Primer Banco del Istmo. I wonder if we should break the redirect and have Banistmo as a page for the existing bank ? -- Beardo 22:53, 31 January 2017 (UTC)
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Banistmo, S.A.Global Credit Research - 17 Feb 2021New York, February 17, 2021 -- Moody's Investors ...
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