Banistmo
in Panama 🇵🇦
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About Banistmo in Panama
Banistmo is one of the largest and most prominent banks in Panama. It operates as a universal bank offering comprehensive financial services to both retail and corporate clients throughout the country. With over 537,000 customers, approximately 2,299 employees, and 39 branches supported by 334 ATMs, Banistmo holds a significant position in the Panamanian banking sector.
The bank is currently wholly owned by Grupo Cibest, the Colombian financial holding company that also owns Bancolombia. However, in December 2025, Grupo Cibest announced the sale of 100% of Banistmo's shares to Inversiones Cuscatlán Centroamérica for $1.418 billion USD, pending regulatory approval.
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