318:
348:
245:
775:
789:
35:
217:
operates around 40 branches throughout the major cities. HSBC entered Costa Rica in the summer of 2007; it was introduced under the promotional campaign "HSBC is the new name of BANEX". HSBC acquired Banex and has assumed operations in all of its branches.
162:
HSBC Bank (Panama) was incorporated on 1999, consistent with the HSBC Group's strategy of creating the global brand, HSBC. In 2000, HSBC acquired the banking operations of
166:
in Panama. In 2005, HSBC acquired the group of companies trading under the brand name
Financomer, which entered the personal lending market in Panama in 1986.
155:
opened the representative office in Panama City that year. Approval to operate as a licensed banking institution in Panama City was granted in 1973 and in the
90:
214:
230:
152:
827:
377:
197:. The merger of HSBC Bank (Panama) and Grupo Banistmo was successfully completed in 2007. But the subsidiary of Grupo Banistmo,
822:
307:
643:
714:
219:
698:
638:
588:
270:
817:
623:
382:
156:
693:
668:
469:
648:
633:
582:
392:
258:
198:
433:
658:
499:
56:
347:
734:
628:
163:
8:
678:
454:
449:
673:
534:
529:
524:
489:
300:
104:
317:
688:
600:
594:
514:
459:
423:
413:
372:
362:
128:
116:
46:
724:
719:
509:
479:
337:
280:
124:
494:
484:
464:
174:
222:(BNCR) and BAC San Jose (Grupo BAC) is HSBC's largest competitor in the market.
653:
560:
519:
285:
170:
811:
779:
750:
539:
474:
293:
793:
683:
663:
555:
250:
276:
HSBC Panama was sold to
Bancolombia and operated under the name "Banistmo"
760:
755:
606:
566:
504:
186:
136:
120:
74:
16:
This article is about the bank in Panama. For the global HSBC Group, see
418:
408:
387:
182:
367:
194:
21:
190:
178:
140:
132:
201:, was retained until it merged into HSBC Bank (Panama) in 2009.
233:
acquired as part of the purchase of Grupo
Banistmo SA in 2006.
78:
428:
321:
17:
275:
94:
34:
177:
and gave HSBC access to new markets, with offices in
240:
151:The HSBC Group operated in Panama since 1972, when
20:. For other individual entities of the group, see
809:
315:
338:The Hongkong and Shanghai Banking Corporation
301:
153:The Hongkong and Shanghai Banking Corporation
139:Group acquired HSBC Panama and renamed it as
316:
308:
294:
204:
33:
810:
289:
788:
13:
14:
839:
264:
787:
774:
773:
346:
243:
169:In November 2006, HSBC acquired
173:, the leading banking group in
828:Companies based in Panama City
1:
715:Charterhouse Capital Partners
209:
220:Banco Nacional de Costa Rica
215:Banco HSBC (Costa Rica) S.A.
135:services to Panama. In 2013
123:, Panama. The bank provides
7:
644:Crédit Commercial de France
236:
225:
10:
844:
699:Williamsburgh Savings Bank
639:Continental Bank of Canada
589:Canara HSBC Life Insurance
561:Hang Seng Bank (Hong Kong)
271:HSBC Bank (Panama) website
146:
15:
769:
743:
707:
616:
575:
548:
442:
401:
355:
344:
330:
100:
84:
70:
62:
52:
41:
32:
823:Former HSBC subsidiaries
694:Samuel Montagu & Co.
624:Bank of British Columbia
669:Imperial Bank of Persia
576:Minority stakes and JVs
281:List of Banks in Panama
205:Central America banking
113:HSBC Bank (Panama) S.A.
649:Greenwich Savings Bank
583:Bank of Communications
259:Primer Banco del Istmo
199:Primer Banco del Istmo
617:Predecessor companies
443:Principal local banks
157:Colón Free Trade Zone
57:Finance and Insurance
629:Barclays Bank Canada
164:Chase Manhattan Bank
115:was a subsidiary of
708:Former subsidiaries
679:Marine Midland Bank
91:Guillermo Savignano
29:
674:Lloyds Bank Canada
470:Continental Europe
356:Board of directors
231:HSBC Colombia S.A.
105:Financial services
27:
805:
804:
689:Republic New York
595:HSBC Saudi Arabia
567:M&S Bank (UK)
556:First Direct (UK)
424:HSBC Private Bank
414:HSBC InvestDirect
373:Henri de Castries
129:Corporate banking
119:headquartered in
117:HSBC Holdings plc
110:
109:
47:HSBC Holdings plc
835:
796:
791:
790:
782:
777:
776:
730:HSBC Bank Panama
725:HSBC Bank Canada
720:HSBC Bank Brazil
549:Subsidiary banks
350:
324:
320:
310:
303:
296:
287:
286:
253:
248:
247:
246:
125:Personal banking
37:
30:
26:
843:
842:
838:
837:
836:
834:
833:
832:
818:Banks of Panama
808:
807:
806:
801:
794:
780:
765:
739:
703:
612:
571:
544:
438:
397:
351:
342:
326:
322:
314:
267:
249:
244:
242:
239:
228:
212:
207:
175:Central America
149:
87:
25:
12:
11:
5:
841:
831:
830:
825:
820:
803:
802:
800:
799:
785:
770:
767:
766:
764:
763:
758:
753:
747:
745:
741:
740:
738:
737:
732:
727:
722:
717:
711:
709:
705:
704:
702:
701:
696:
691:
686:
681:
676:
671:
666:
661:
656:
654:Grupo Banistmo
651:
646:
641:
636:
631:
626:
620:
618:
614:
613:
611:
610:
604:
598:
592:
586:
579:
577:
573:
572:
570:
569:
564:
558:
552:
550:
546:
545:
543:
542:
537:
535:United Kingdom
532:
527:
522:
517:
512:
507:
502:
497:
492:
487:
482:
477:
472:
467:
462:
460:Mainland China
457:
452:
446:
444:
440:
439:
437:
436:
431:
426:
421:
416:
411:
405:
403:
399:
398:
396:
395:
390:
385:
380:
378:Jonathan Evans
375:
370:
365:
363:Kathleen Casey
359:
357:
353:
352:
345:
343:
341:
340:
334:
332:
328:
327:
313:
312:
305:
298:
290:
284:
283:
278:
273:
266:
265:External links
263:
262:
261:
255:
254:
238:
235:
227:
224:
211:
208:
206:
203:
171:Grupo Banistmo
148:
145:
108:
107:
102:
98:
97:
88:
85:
82:
81:
72:
68:
67:
64:
60:
59:
54:
50:
49:
45:Subsidiary of
43:
39:
38:
9:
6:
4:
3:
2:
840:
829:
826:
824:
821:
819:
816:
815:
813:
798:
797:
786:
784:
783:
772:
771:
768:
762:
759:
757:
754:
752:
751:Libor scandal
749:
748:
746:
742:
736:
733:
731:
728:
726:
723:
721:
718:
716:
713:
712:
710:
706:
700:
697:
695:
692:
690:
687:
685:
682:
680:
677:
675:
672:
670:
667:
665:
662:
660:
657:
655:
652:
650:
647:
645:
642:
640:
637:
635:
632:
630:
627:
625:
622:
621:
619:
615:
608:
605:
602:
599:
596:
593:
590:
587:
584:
581:
580:
578:
574:
568:
565:
562:
559:
557:
554:
553:
551:
547:
541:
540:United States
538:
536:
533:
531:
528:
526:
523:
521:
518:
516:
513:
511:
508:
506:
503:
501:
498:
496:
493:
491:
488:
486:
483:
481:
478:
476:
473:
471:
468:
466:
463:
461:
458:
456:
453:
451:
448:
447:
445:
441:
435:
432:
430:
427:
425:
422:
420:
417:
415:
412:
410:
407:
406:
404:
400:
394:
391:
389:
386:
384:
381:
379:
376:
374:
371:
369:
366:
364:
361:
360:
358:
354:
349:
339:
336:
335:
333:
329:
325:
319:
311:
306:
304:
299:
297:
292:
291:
288:
282:
279:
277:
274:
272:
269:
268:
260:
257:
256:
252:
241:
234:
232:
223:
221:
216:
202:
200:
196:
192:
188:
184:
180:
176:
172:
167:
165:
160:
158:
154:
144:
142:
138:
134:
130:
126:
122:
118:
114:
106:
103:
99:
96:
92:
89:
83:
80:
76:
73:
69:
65:
61:
58:
55:
51:
48:
44:
40:
36:
31:
23:
19:
792:
778:
729:
684:Midland Bank
515:Saudi Arabia
419:HSBC Premier
251:Banks portal
229:
213:
168:
161:
150:
112:
111:
71:Headquarters
42:Company type
756:Swiss Leaks
659:Guyerzeller
607:Techcombank
500:Middle East
393:Mark Tucker
187:El Salvador
137:Bancolombia
121:Panama City
75:Panama City
28:HSBC Panama
812:Categories
634:Beneficial
409:HSBC Expat
388:Noel Quinn
383:David Nish
210:Costa Rica
183:Costa Rica
86:Key people
735:HSBC Rail
664:Household
520:Sri Lanka
480:Hong Kong
455:Australia
450:Argentina
368:Laura Cha
195:Nicaragua
159:in 1993.
22:HSBC Bank
781:Category
744:Scandals
563:(63.04%)
490:Malaysia
237:See also
226:Colombia
191:Honduras
179:Colombia
141:Banistmo
133:Treasury
101:Products
53:Industry
795:Commons
475:Germany
147:History
63:Defunct
530:Turkey
525:Taiwan
510:Poland
505:Mexico
402:Brands
331:Origin
79:Panama
609:(15%)
603:(40%)
597:(60%)
591:(26%)
585:(19%)
495:Malta
485:India
465:Egypt
429:PayMe
761:more
601:SABB
434:Proa
323:HSBC
193:and
131:and
66:2013
18:HSBC
95:CEO
814::
189:,
185:,
181:,
143:.
127:,
93:,
77:,
309:e
302:t
295:v
24:.
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.