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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.
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 ...
Panama has never had a central bank, [1] [unreliable source] and the BNP was responsible for nonmonetary aspects of central banking in Panama, assisted by the National Banking Commission (Superintendencia del Mercado de Valores), which was created along with the country's International Financial Center, and was charged with licensing and ...
Long a significant supplier of domestic lending in a credit-tight economy, the bank attempted—with only partial success—to revive the local credit market during the tenure of Gabriela Ciganotto, who stated the main goal of the bank in her inauguration speech in 2006 as "putting [the bank] at the service of production, especially small and medium businesses, and not of speculation."
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.
A Ford Police Interceptor Sedan used by the Panamanian National Police. Following Panama's independence from Colombia in 1903, its first president, Dr. Manuel Amador Guerrero, dissolved the National Army after a failed mutiny in 1904 and a warning from the United States that a Panamanian military could threaten the stability of the Panama Canal Zone.
The National Archives of Panama was created as an institution thanks to the enactment of Law No. 43 of December 14, 1912 under the administration of President Belisario Porras Barahona and has as a precedent the creation in 1885 of the position "Public Archivist of Panama City” (Spanish: Archivero Público de la Ciudad de Panamá) during the time of Union to Colombia.
The Office of the Attorney General of the Nation of Panama (or Public Prosecutor's Office) is responsible for investigating and suppressing crimes. Likewise, the office is an autonomous entity— as it does not belong to either the Executive, Legislative or Judicial Branch.