
Banistmo is a Panamanian bank that offers a wide range of financial services to its customers.
It was founded in 1990 and has since grown to become one of the largest banks in Panama.
Banistmo has a strong presence in the country, with over 100 branches and a large network of ATMs.
The bank offers various types of accounts, including checking and savings accounts, as well as loans and credit cards.
Project Overview
Banistmo is a full-service bank regulated by Panama's banking regulator, offering a wide range of financial services to institutions and individuals.
The bank has a significant presence in Panama, with 455,000 customers and 55 branches across the country.
Banistmo is the second largest private bank in Panama, with a 12% market share by deposits and a 14% market share by loan portfolio as of March 2015.
Project Scope & Objective
Banistmo is a full-service bank regulated by Panama's banking regulator, providing a wide range of financial services to institutions and individuals.
The bank is the second largest private bank in Panama, with a market share of 12 percent as of March 2015 by deposits and a 14 percent market share by loan portfolio.
Banistmo has a significant presence with 455,000 customers, 55 branches, and over 300 ATMs.
The bank's portfolio is diversified, with 17 percent in the consumer sector, 27 percent in residential mortgage lending, and 56 percent in corporate lending.
Micro, small, and medium-sized enterprises account for 63% of the total number of enterprises financed by the Bank.
Banistmo's objective is to support small and medium-sized companies in various countries, including Panama, Barbados, Belize, and several others in Central and South America and the Caribbean.
Nuestra Presencia
We're proud to have a strong presence in Panama, thanks to Banistmo S.A., which entered the market on October 28, 2013, after acquiring HSBC Bank (Panamá) S.A.
Banistmo S.A. has a long history in Panama, having established itself 43 years ago.
Our company has a diverse range of services, including financial activities, which are regulated by the Superintendencia de Bancos de Panamá.
Banistmo Investment Corporation S.A. is a subsidiary of Banistmo S.A. that focuses on fiduciary services, and it's been authorized by the Superintendencia de Bancos de Panamá since 1993.
We also have a dedicated team at Valores Banistmo S.A., which is licensed to buy and sell securities, and it's been authorized by the Superintendencia del Mercado de Valores since 2005.
In addition, we offer leasing services through Leasing Banistmo S.A., which is authorized to provide financing for the rental of movable goods.
We have a range of financial services at Financomer, S.A., which includes credit facilities and other financial operations, and it's been authorized by the Dirección de Empresas Financieras since 1989.
Here's a brief overview of our services:
Swift Codes and Values
Banistmo, a Panamanian bank, has a unique identifier in the financial world - the Swift Code. This code, BANIPYPA, is used for international transactions, allowing Banistmo to connect with banks worldwide.

The Swift Code is a 8-11 character code that facilitates international transactions, and Banistmo's code is a key part of this process. With over 100 years of experience, Banistmo has established itself as a reliable partner in international banking.
Banistmo's Swift Code is a crucial part of its operations, enabling customers to send and receive money across borders.
Other Swift Codes for S.A.
If a financial institution has multiple branches, it can have several SWIFT codes, each representing a different branch.
Always double-check with the recipient before sending money to ensure you have the right SWIFT code, as a few letters or numbers can make a big difference.
Some financial institutions may have different SWIFT codes that differ by just a few letters or numbers, so it's essential to verify the correct code.
Values
At Banistmo S.A, values are more than just about profit and growth. They're about building strong relationships based on trust with employees, clients, shareholders, and suppliers.
We prioritize respect, responsibility, and closeness in our daily actions.
Sources
- https://idbinvest.org/en/projects/banistmo-ii
- https://www.theswiftcodes.com/panama/midlpapa/
- https://www.banistmo.com/wps/portal/banistmo/acerca-de/informacion-corporativa/quienes-somos
- https://apps.apple.com/us/app/banistmo-app-personas/id1482789541
- https://www.ifc.org/en/pressroom/2022/ifc-announces-300-million-loan-to-banistmo-to-boost-financing-for-smes-and-preferential-mortgages
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