Primer Banco del Istmo

Banistmo S.A.
Industry Banking
Predecessor Banistmo (1984-2009)
HSBC Bank (Panama) (2009-2013)
Founded 1984
Headquarters Panama City, Panama City
Products First Direct
Parent Bancolombia
Website banistmo.com

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 mergered into HSBC Bank (Panama) in 2009. In 2013 Bancolombia Group acquired HSBC Panama and renamed it as Banistmo.[1][2]

Former Banistmo logo used from the 1984 until 2009

See also

References

  1. "HSBC to Divest Panama Unit".
  2. "HSBC to sell HSBC Bank (Panama) SA to Bancolombia - Announcement".
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