Banistmo S.A.
IndustryBanking
PredecessorBanistmo (1984-2009)
HSBC Bank (Panama) (2009-2013)
Founded1984
HeadquartersPanama City, Panama City
ProductsFirst Direct
ParentBancolombia
Websitebanistmo.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 merged into HSBC Bank (Panama) in 2009. In 2013 Bancolombia Group acquired HSBC Panama and renamed it as Banistmo.[1][2]

Former Banistmo logo used between 1984 and 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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