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Industry Center - Foreign Regional Banks
Industry Center > Foreign Regional Banks > Grupo Banistmo, S.A. Company Profile
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Grupo Banistmo, S.A. Company Profile
Grupo Banistmo is one of the largest banking groups in Central America. The group's Primer Banco del Istmo has some 170 branches in Panama, the Bahamas, Colombia, Costa Rica, El Salvador, Honduras, and Nicaragua. The company offers insurance, investment banking, securities brokerage, and pension funds, in addition to traditional banking fare such as deposits, loans, and credit cards. Banistmo expanded in Colombia when it bought the operations of UK-based Lloyds TSB there in 2004. Another UK-based bank, HSBC Holdings, one of the largest in the world, bought Grupo Banistmo in 2006.
Contact Information
Address: Calle 77 y Calle 50, Edificio Banco del Istmo
Panama City, Panama
Financial Highlights
Fiscal Year End:December
Key People
President: Alberto Vallarino Clément
VP, Operations and Technology: Horacio Montenegro
VP, Finance and Planning: Hans Kupfier
Industry Information
Sector: Financial
Industry: Foreign Regional Banks
Top Competitors
Banco Latinoamericano de Exportaciones, S.A. (blx)
Bancolombia S.A. (cib)
The Bank of Nova Scotia (bns)

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