Primer Banco del Istmo

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Primer Banco del Istmo (Banistmo)
Type Subsidiary
Founded
Headquarters Panama City, Panama
Key people Alberto Vallarino, CEO
Industry Finance and Insurance
Products Financial Services
Subsidiaries Compania Nacional de Seguros
Website banistmo.com

Primer Banco del Istmo trading as Banistmo or Banco Del Istmo is the largest bank in Panama and Central America, it is part of the HSBC Group following its former parent company, Grupo Banistmo's acquisition by HSBC in November 2006. It's now wholly owned by HSBC Bank (Panama) S.A.

Banistmo offers a full range of personal, commercial and investment banking services through 42 branches. The Banistmo group also owns the country's largest insurance company, Compania Nacional de Seguros ('Conase').

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v • d • e
HSBC Group
Corporate directors:
Safra Catz · Vincent Cheng · John Coombe · José Durán · Rona Fairhead · Douglas Flint · Sandy Flockhart · William Fung · Michael Geoghegan (CEO) · Stephen Green (Chairman) · Stuart Gulliver · James Hughes-Hallett · William Laidlaw · Sir Mark Moody-Stuart · Gwyn Morgan · Narayana Murthy · Stewart Newton · Simon Robertson · Sir Brian Williamson
Brands:
Principal local banks:
Minority stakes and joint ventures:
Bank of Communications (19%) · HSBC Saudi Arabia Limited (60%) · British Arab Commercial Bank (47%)  · SABB (40%) · Wells Fargo HSBC Trade Bank N.A. (20%)  · Ping An (19.9%)  · Techcombank (15%)  · Bank of Shanghai (8%)  · UTI Bank Limited (4.99%)
Annual group revenue: $87.6 billion USD (▲25% FY 2007) · Employees: 330,000 · Stock symbols: LSE: HSBA, HKEX: 005, NYSE: HBC, Euronext: HSBC, BSX: 1077223879
 · Group website: www.hsbc.com · Group Headquarters: 8 Canada Square, London, E14 5HQ, United Kingdom