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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.
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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
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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.
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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
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197:. The merger of HSBC Bank (Panama) and Grupo Banistmo was successfully completed in 2007. But the subsidiary of Grupo Banistmo,
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222:(BNCR) and BAC San Jose (Grupo BAC) is HSBC's largest competitor in the market.
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HSBC Panama was sold to
Bancolombia and operated under the name "Banistmo"
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This article is about the bank in Panama. For the global HSBC Group, see
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acquired as part of the purchase of Grupo
Banistmo SA in 2006.
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and gave HSBC access to new markets, with offices in
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151:The HSBC Group operated in Panama since 1972, when
20:. For other individual entities of the group, see
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338:The Hongkong and Shanghai Banking Corporation
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153:The Hongkong and Shanghai Banking Corporation
139:Group acquired HSBC Panama and renamed it as
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169:In November 2006, HSBC acquired
173:, the leading banking group in
828:Companies based in Panama City
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715:Charterhouse Capital Partners
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220:Banco Nacional de Costa Rica
215:Banco HSBC (Costa Rica) S.A.
135:services to Panama. In 2013
123:, Panama. The bank provides
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644:Crédit Commercial de France
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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
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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
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674:Lloyds Bank Canada
470:Continental Europe
356:Board of directors
231:HSBC Colombia S.A.
105:Financial services
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805:
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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
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47:HSBC Holdings plc
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730:HSBC Bank Panama
725:HSBC Bank Canada
720:HSBC Bank Brazil
549:Subsidiary banks
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125:Personal banking
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175:Central America
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265:External links
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171:Grupo Banistmo
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684:Midland Bank
515:Saudi Arabia
419:HSBC Premier
251:Banks portal
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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:.
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